Quote from: remotemass on March 04, 2014, 12:36:54 AM

I keep saying that bitcoins only exist as balances associated with a bitcoin address. What is kept is the private key that allows you to spend your bitcoin address bill.
I told Satoshi to call it Digicashbills (DGB) instead of bitcoins, but he didn't listen.
Now we have to keep telling everyone there are no coins whatsoever but no one seems to believe.
Why is it so difficult to understand? The addresses have an associated bill resulting from chains of transactions. That bill that tell us the balance of an address only exists beause we keep a record of all validated transactions and rewards are given for that record validation and network maintainance, putting more units of the currency in circulation.
We need to keep making it clear. To generate an address is actually just picking a arbitrary private key and finding its corresponding address.
It's not difficult. It can get really simple, if you understand it correctly and are able to explain it.

cash bills.. are reminders of those paper IOU's that get reprinted without limit.

i prefer coins as it represents money thats not a IOU