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Topic: How Satoshi Nakamoto Fooled the World - page 37. (Read 8983 times)

jr. member
Activity: 252
Merit: 1
March 21, 2022, 11:11:45 AM
Buddy, show me debt if you say it exists.
Debt is the liability evidenced with loan contracts and accounting books in the banking system. Go talk to a person that was granted a loan to show you the contact and you will see the evidence of debt. Check the accounting books of the banks and you will see the evidence of debt. Go to a bank to see how loans are paid and how the debt is settled in the accounting books. It's a process that happens every day. Debt management is practically all that the banks are doing.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
March 21, 2022, 10:51:47 AM
Buddy, show me debt if you say it exists.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 10:46:32 AM
Debt in the banking system is the thing that exists.
Show me debt, and I'll send you a pic with my bitcoins.

But, even if you don't believe us, even though we should have convinced you by now, what about the rest of the world? There are unbelievably smarter people than me and you who are astonished by the way it works and fight tooth and nail to accomplish usage in a global scale. Doesn't it seem extravagant to you to say that every single one of the millions of Bitcoin users is a psycho?
The whole banking system exists to manage loans. Loans are debt.  Every loan granted is evidence of debt. Every loan repayment is evidence of debt settlement. Numbers on bank accounts or banknotes just quantity the shares in that debt. What you can show me is a pic of fake number attached to your address. Nothing else.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 10:36:27 AM
Bitcoin doesn't exist.

Except it demonstrably does. It can be redeemed for real-world goods and services.  There's a network of physical devices around the world to relay transactions.  People have founded companies which exist solely to cater to this new economy. Real, tangible bricks-and-mortar establishments.  Other forms of physical infrastructure exist to support it, like a dedicated satellite network.  It doesn't get more real than this.  

But if you are continuing to be willfully ignorant to the obvious, I refer you back to my previous points:

Those who are blind to opportunities are unable to seize upon them.

We gain the benefits of:

Censorship resistance,
Financial autonomy,
Monetary sovereignty,
Freedom.
(...)
And as the icing on the cake, a hedge against inflation and a distinct likelihood of increased purchasing power later down the road.

And you don't gain those benefits.  Sucks to be you.
I never get tired of debunking mythology.

Attaching a number to a name is not redeeming. Redeeming means settling debt owed to financial instrument holder. That what you call "redeeming" is a new victim entering into a fraud where fake numbers will be attached to their name. (address). As you can see, there's no bitcoin in this process.

The network of physical devices around the world just keep fake numbers stored. Again, there's no bitcoin in this process.

So, I am not ignorant of people and infrastructure around attaching and storing fake numbers. I am just telling you that bitcoin doesn't exist.

Censorship resistance, financial autonomy, monetary sovereignty, freedom... are concepts. Again, there's no bitcoin in these concepts.

So, how have you demonstrated that bitcoin exists?
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
March 21, 2022, 10:29:03 AM
Debt in the banking system is the thing that exists.
Show me debt, and I'll send you a pic with my bitcoins.

But, even if you don't believe us, even though we should have convinced you by now, what about the rest of the world? There are unbelievably smarter people than me and you who are astonished by the way it works and fight tooth and nail to accomplish usage in a global scale. Doesn't it seem extravagant to you to say that every single one of the millions of Bitcoin users is a psycho?
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
March 21, 2022, 10:14:54 AM
Bitcoin doesn't exist.

Except it demonstrably does.  It can be redeemed for real-world goods and services.  There's a network of physical devices around the world to relay transactions.  People have founded companies which exist solely to cater to this new economy.  Real, tangible bricks-and-mortar establishments.  Other forms of physical infrastructure exist to support it, like a dedicated satellite network.  It doesn't get more real than this. 

But if you are continuing to be willfully ignorant to the obvious, I refer you back to my previous points:

Those who are blind to opportunities are unable to seize upon them.

We gain the benefits of:

Censorship resistance,
Financial autonomy,
Monetary sovereignty,
Freedom.
(...)
And as the icing on the cake, a hedge against inflation and a distinct likelihood of increased purchasing power later down the road.

And you don't gain those benefits.  Sucks to be you.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 09:50:30 AM
Gold exists. So the numbers on gold's quantity attached to people's names in some database are real. They are not fake.

Except they absolutely can be fake.  You'd have to be completely braindead to think gold scams don't exist.  And the reason they exist is because of trust.  If someone mistakenly places trust in the wrong third party, they can easily be ripped off.  They'll find themselves unable to access the gold they believe they have purchased.

Bitcoin is designed to remove the need for trust (assuming you use it correctly).  It's all about being able to verify things for yourself without relying on anyone else.  Every time you ask us to show you where the bitcoins are, I just read it is as you demonstrating your need to be utterly reliant on others.  Some people just can't handle the responsibility of self-determination.  Their loss, I guess.

What's important is that I know where my bitcoins are, or, in essence, the private keys allowing me to spend my bitcoins (but naturally I have no interest in sharing that with either you or anyone else).  And the location of anyone else's bitcoins, or again, the keys to spend them, is none of my business.  Or yours.  But as for your feigning ignorance as to how it all works, I'm guessing anyone who has had as many accounts as you've had over the years must have grasped the concept by now and you're just being deliberately obnoxious in acting like you don't know.  Although, I suppose I can't rule out the possibility that you're even dumber than I'm giving you credit for.  In which case, I'd suggest posting less and reading more until you understand it better.

Gold scams essentially mean attaching fake numbers to people's names where numbers quantity the gold that doesn't actually exists in people's ownership. That's exactly the case with bitcoin scam. The system attaches fake numbers to people's names where numbers quantity bitcoin that doesn't actually exists in people's ownership. Thanks for the analogy.

Btw, it is not bitcoin what is designed, but system that attaches fake numbers to people's addresses. Bitcoin doesn't exist.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
March 21, 2022, 09:43:21 AM
Gold exists. So the numbers on gold's quantity attached to people's names in some database are real. They are not fake.

Except they absolutely can be fake.  You'd have to be completely braindead to think gold scams don't exist.  And the reason they exist is because of trust.  If someone mistakenly places trust in the wrong third party, they can easily be ripped off.  They'll find themselves unable to access the gold they believe they have purchased.

Bitcoin is designed to remove the need for trust (assuming you use it correctly).  It's all about being able to verify things for yourself without relying on anyone else.  Every time you ask us to show you where the bitcoins are, I just read it is as you demonstrating your need to be utterly reliant on others.  Some people just can't handle the responsibility of self-determination.  Their loss, I guess.

What's important is that I know where my bitcoins are, or, in essence, the private keys allowing me to spend my bitcoins (but naturally I have no interest in sharing that with either you or anyone else).  And the location of anyone else's bitcoins, or again, the keys to spend them, is none of my business.  Or yours.  But as for your feigning ignorance as to how it all works, I'm guessing anyone who has had as many accounts as you've had over the years must have grasped the concept by now and you're just being deliberately obnoxious in acting like you don't know.  Although, I suppose I can't rule out the possibility that you're even dumber than I'm giving you credit for.  In which case, I'd suggest posting less and reading more until you understand it better.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 08:42:29 AM
I don't know to whom you told something, but here I am not saying anything about the existing things or whatever one thing is the worst, and the other is great. I am simply saying that Bitcoin doesn't exist in reality just like Zeus didn't exist. But of course, Zeus was the god of the sky in ancient Greek mythology just like Bitcoin is the money of the economy in our society today's mythology. And you are free to discuss about that here. I am just saying Bitcoin does not literally exist, and that no one is able to show it. Which is not my opinion but a statement of fact.

So, all of us in this forum think different than you, but you are convinced that you are right. I am telling you that Bitcoin doesn't have to be a representation of something because it's not any number. It's a digital commodity that a miner gets as a reward for doing the computation task. And because it's a digital commodity, it doesn't have to represent anything - it represents itself just like an ounce of gold doesn't have to represent anything - it's an ounce of gold. The only difference is that Bitcoin is digital commodity and gold is physical commodity.
I don't know what all of you think. I am simply telling you that a digital commodity whose quantities are attached to the addresses doesn't exist. Neither miners nor buyers get it. Numbers attached to their addresses are fake. Gold exists. So the numbers on gold's quantity attached to people's names in some database are real. They are not fake. How do you know that bitcoin is a digital if you are not able to show it? We have digital books, sounds, videos. Applications are digital. And we are able to show them or hear them. You cannot claim that bitcoin is digital if you never saw it. That's like saying: Zeus is digital. In your mythology it might be. But here we are interested in realities not mythologies.
legendary
Activity: 2632
Merit: 1239
March 21, 2022, 08:24:36 AM
I don't know to whom you told something, but here I am not saying anything about the existing things or whatever one thing is the worst, and the other is great. I am simply saying that Bitcoin doesn't exist in reality just like Zeus didn't exist. But of course, Zeus was the god of the sky in ancient Greek mythology just like Bitcoin is the money of the economy in our society today's mythology. And you are free to discuss about that here. I am just saying Bitcoin does not literally exist, and that no one is able to show it. Which is not my opinion but a statement of fact.

So, all of us in this forum think different than you, but you are convinced that you are right. I am telling you that Bitcoin doesn't have to be a representation of something because it's not any number. It's a digital commodity that a miner gets as a reward for doing the computation task. And because it's a digital commodity, it doesn't have to represent anything - it represents itself just like an ounce of gold doesn't have to represent anything - it's an ounce of gold. The only difference is that Bitcoin is digital commodity and gold is physical commodity.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 08:13:28 AM
Of course bitcoin is not a number. A number is a concept about quantity of things represented with math symbols (0-9). Bitcoin is a non-existent thing. People talk about it, write about it, think about it, blockchain has data on its quantity, but nobody is able to show it. That's what I am telling you. Bitcoin is neither tangible nor intangible. Neither physical nor abstract. Bitcoin simply doesn't exist.

As much as I would like to debate with you about this, I don't see a point. You have your opinion just like you had before with other accounts. I was just wondering why are you so eager to convince everyone here on forum dedicated to Bitcoin and crypto in general that Bitcoin doesn't exist? If I remember right, I told you few years ago when you were here under a different account that it's like coming to a cat forum saying cats are the worst pets ever and dogs are great!
I don't know to whom you told something, but here I am not saying anything about the existing things or whatever one thing is the worst, and the other is great. I am simply saying that Bitcoin doesn't exist in reality just like Zeus didn't exist. But of course, Zeus was the god of the sky in ancient Greek mythology just like Bitcoin is the money of the economy in our society today's mythology. And you are free to discuss about that here. I am just saying Bitcoin does not literally exist, and that no one is able to show it. Which is not my opinion but a statement of fact.
legendary
Activity: 2632
Merit: 1239
March 21, 2022, 07:33:25 AM
Of course bitcoin is not a number. A number is a concept about quantity of things represented with math symbols (0-9). Bitcoin is a non-existent thing. People talk about it, write about it, think about it, blockchain has data on its quantity, but nobody is able to show it. That's what I am telling you. Bitcoin is neither tangible nor intangible. Neither physical nor abstract. Bitcoin simply doesn't exist.

As much as I would like to debate with you about this, I don't see a point. You have your opinion just like you had before with other accounts. I was just wondering why are you so eager to convince everyone here on forum dedicated to Bitcoin and crypto in general that Bitcoin doesn't exist? If I remember right, I told you few years ago when you were here under a different account that it's like coming to a cat forum saying cats are the worst pets ever and dogs are great!
jr. member
Activity: 252
Merit: 1
March 21, 2022, 05:06:26 AM
No it is not. You didn't pay sneakers with numbers, but with shares in ownership of bank's debt. Watch the video linked in OP. Numbers are just info on the quantity of shares. It's like 100 TSLA. 100 is info on quantity of shares in Tesla company. Debt in the banking system is the thing that exists. Tesla is the thing that exists. Bitcoin is a thing that doesn't exist. Numbers attached to the addresses are fake. People are lied to that they are buying bitcoin. They are not. The system just attaches numbers to their addresses.

You created a video for this nonsense? Oh my God, you are even more crazier than I thought.

OK, I agree that there is nothing physical behind Bitcoin like there is with traditional commodities. But you are looking at Bitcoin in the wrong way. Bitcoin is not a representation of something physical. It is Bitcoin. Just like an ounce of gold is an ounce of gold, one Bitcoin is one Bitcoin. There is nothing behind an ounce of gold because it's just an once of gold. It's the same with Bitcoin.

And Bitcoin is not just a number in a database. Go ahead and try to put a number into a Bitcoin's public ledger. If you manage to do that, I will buy that number from you.
Of course bitcoin is not a number. A number is a concept about quantity of things represented with math symbols (0-9). Bitcoin is a non-existent thing. People talk about it, write about it, think about it, blockchain has data on its quantity, but nobody is able to show it. That's what I am telling you. Bitcoin is neither tangible nor intangible. Neither physical nor abstract. Bitcoin simply doesn't exist.
legendary
Activity: 2632
Merit: 1239
March 21, 2022, 04:53:45 AM
#99
No it is not. You didn't pay sneakers with numbers, but with shares in ownership of bank's debt. Watch the video linked in OP. Numbers are just info on the quantity of shares. It's like 100 TSLA. 100 is info on quantity of shares in Tesla company. Debt in the banking system is the thing that exists. Tesla is the thing that exists. Bitcoin is a thing that doesn't exist. Numbers attached to the addresses are fake. People are lied to that they are buying bitcoin. They are not. The system just attaches numbers to their addresses.

You created a video for this nonsense? Oh my God, you are even more crazier than I thought.

OK, I agree that there is nothing physical behind Bitcoin like there is with traditional commodities. But you are looking at Bitcoin in the wrong way. Bitcoin is not a representation of something physical. It is Bitcoin. Just like an ounce of gold is an ounce of gold, one Bitcoin is one Bitcoin. There is nothing behind an ounce of gold because it's just an once of gold. It's the same with Bitcoin.

And Bitcoin is not just a number in a database. Go ahead and try to put a number into a Bitcoin's public ledger. If you manage to do that, I will buy that number from you.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 04:38:44 AM
#98
Your question is a nonsensical, something like if I ask you: "Have you stopped beating your wife?” It's called a complex question - a fallacy in which the answer to a given question presupposes a prior answer to a prior question. Also known as (or closely related to) a loaded question, a trick question, a leading question, the fallacy of the false question, and the fallacy of many questions.

But anyway, the subject here is a false narrative on bitcoin's existence. If you're not able to discuss it you are free not to post here. Your opinions on me are irrelevant.

OK. It is your thread so I'll bite...

You're saying that Bitcoin does not exist. How is Bitcoin different than fiat money used to pay online? For example, I just bought sneakers online with my credit card. The money I paid for the sneakers is also just a number in a bank's database, isn't it?
No it is not. You didn't pay sneakers with numbers, but with shares in ownership of bank's debt. Watch the video linked in OP. Numbers are just info on the quantity of shares. It's like 100 TSLA. 100 is info on quantity of shares in Tesla company. Debt in the banking system is the thing that exists. Tesla is the thing that exists. Bitcoin is a thing that doesn't exist. Numbers attached to the addresses are fake. People are lied to that they are buying bitcoin. They are not. The system just attaches numbers to their addresses.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
March 21, 2022, 04:18:56 AM
#97
When you ask a question you should base it in reality, not in your fictions. Your question is nonsensical. Both parts of it. In the second part you are mentioning bitcoin. But... where's bitcoin?

The same can be said for your questions as well. Your questions are nonsensical.

"Where is Bitcoin?" Bitcoin is a digital currency, like everything else digital, it doesn't exist in the physical world. (There are physical representations of it, for example collectors' items.) It is a type of information stored on digital media. Now, tell me, can you comprehend the concept of information that has value (to someone)? If you cannot, stop wasting our time and yours. If you can, stop using faulty arguments like "bitcoin doesn't exist". To the same extent, no information exists either.

Paying for symbols to be attached to your name is a human behavior.

Everything we do is human behavior. Your statement has no relevance.

One can as well pay after you sent a number to their email address.

And I'm sure many people are doing just that. You obviously have never worked remotely.
legendary
Activity: 2632
Merit: 1239
March 21, 2022, 03:59:31 AM
#96
Your question is a nonsensical, something like if I ask you: "Have you stopped beating your wife?” It's called a complex question - a fallacy in which the answer to a given question presupposes a prior answer to a prior question. Also known as (or closely related to) a loaded question, a trick question, a leading question, the fallacy of the false question, and the fallacy of many questions.

But anyway, the subject here is a false narrative on bitcoin's existence. If you're not able to discuss it you are free not to post here. Your opinions on me are irrelevant.

OK. It is your thread so I'll bite...

You're saying that Bitcoin does not exist. How is Bitcoin different than fiat money used to pay online? For example, I just bought sneakers online with my credit card. The money I paid for the sneakers is also just a number in a bank's database, isn't it?
jr. member
Activity: 252
Merit: 1
March 21, 2022, 03:50:12 AM
#95
When you ask a question you should base it in reality, not in your fictions. Your question is nonsensical. Both parts of it. In the second part you are mentioning bitcoin. But... where's bitcoin? Paying for symbols to be attached to your name is a human behavior. One can as well pay after you sent a number to their email address. This has nothing to do with markers, neither bull nor bear. It's jus an irrational behavior. In the markets we have actually things that are traded. And there's no such thing as bitcoin.

Don't answer my question with a question. I asked you a simple question - why are you not here when Bitcoin's price is rising? You always come here when the price is falling. When you answer my question, then I'll answer yours.
Your question is a nonsensical, something like if I ask you: "Have you stopped beating your wife?” It's called a complex question - a fallacy in which the answer to a given question presupposes a prior answer to a prior question. Also known as (or closely related to) a loaded question, a trick question, a leading question, the fallacy of the false question, and the fallacy of many questions.

But anyway, the subject here is a false narrative on bitcoin's existence. If you're not able to discuss it you are free not to post here. Your opinions on me are irrelevant.
legendary
Activity: 2632
Merit: 1239
March 21, 2022, 03:15:19 AM
#94
When you ask a question you should base it in reality, not in your fictions. Your question is nonsensical. Both parts of it. In the second part you are mentioning bitcoin. But... where's bitcoin? Paying for symbols to be attached to your name is a human behavior. One can as well pay after you sent a number to their email address. This has nothing to do with markers, neither bull nor bear. It's jus an irrational behavior. In the markets we have actually things that are traded. And there's no such thing as bitcoin.

Don't answer my question with a question. I asked you a simple question - why are you not here when Bitcoin's price is rising? You always come here when the price is falling. When you answer my question, then I'll answer yours.
jr. member
Activity: 252
Merit: 1
March 21, 2022, 03:10:01 AM
#93
Well, then show me the money. I see math symbols attached to addresses. These symbols are informing the address holders that they have a specific quantity of a digital product called bitcoin. Someone calls it money/token/coin/asset/commodity.  But, where is it? Show me that the info is not fake.

I'm really fascinated about two things. The first thing I'm fascinated about is that you are still coming back after all those years. Don't bother convincing me or anyone on this forum that you are not the same person as antikvark, fxsurfer, antithesis or some other account I can't remember. It's clear that you are the same person and you will probably be banned again for ban evasion.

The second thing I'm fascinated about is that you always come to this forum during the bear market. How come you don't post anything when Bitcoin is in a bull run?
When you ask a question you should base it in reality, not in your fictions. Your question is nonsensical. Both parts of it. In the second part you are mentioning bitcoin. But... where's bitcoin? Paying for symbols to be attached to your name is a human behavior. One can as well pay after you sent a number to their email address. This has nothing to do with markers, neither bull nor bear. It's just an irrational behavior. In the markets we have actually things that are traded. And there's no such thing as bitcoin.
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