Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin decimal issue
by
Ichthyo
on 20/06/2013, 23:46:28 UTC
You should investigate the meaning of defamation. It’s a matter of personal reputation and a tortious action. It’s my opinion and it’s also my opinion that if you don’t know to which of those two groups you’re in it’s the latter.

With your statement, you continue to show your dishonesty.
Instead of arguing, you place other people close to being zealots, believing in myths, creators of zero-sum scams, wasting economical resources.

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I believe the words 'wasting', 'screwing' and 'zero-sum' are quite capable of being understood.
Exactly. That's why they work so well for slander.



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so again: what are the "myths of Bitcoin"?

The core myth is that it works for the purposes commonly outlined by its proponents – definable as a broadly adoptable currency of mutual benefit, able to replace or compete with state fiat.


Now please look at your statement with some critical distance.
It is very vague ("commonly outlined by its proponents") to start with, and then it lumps together a lot of different goals, in an unprecise fashion

  • Bitcoin is usable as currency
  • using Bitcoin currency creates mutual benefit
  • Bitcoin as a currency is broadly adoptable
  • Bitcoin has the ability to compete with state fiat
  • Bitcoin has the ability to replace state fiat

These are 5 different things. Its far from being the obvious Bitcoin myth.
And besides, you omit several other themes present in the Bitcoin community in a similar way (as possible goals), which could be labelled as Bitcoin myths as well.


And now, what exactly is the "decimal issue"?
Is the issue that you can divide bitcoins arbitrarily, or is it that you can not divide them arbitrarily?
Is it that the real-world value of one Bitcoin unit doesn't stay constant?
Is it that the real-world value of one Bitcoin unit likely increases over time, instead of decreasing?
Is it that no-one manages the real-world value of one Bitcoin unit through monetary politics?