Post
Topic
Board Bitcoin Discussion
Re: Can you answer a couple of questions to a potential bitcoin buyer?
by
Iron Fist
on 03/02/2022, 16:28:39 UTC
A buyer (or "investor", if you will) gets nothing when they purchase Bitcoins other than numbers in some database with specific properties. That is an absolute fact that is impossible to refute.
But, that's what I've been telling him for the past page. The problem is that he can't understand that it's a wrong conclusion to consider something meaningless just because it's a number in some database... It satisfies one job. Therefore it has at least one purpose of existence.

Yes, I have read all your comments. I believe you understand the topic well and offer good arguments. However, I do not believe it is necessary to convince the OP of the usefulness or the value of such a system. It seems to me that OP has an understanding of economics, so I agree that he has the right to state his position on the matter. Clearly, Antithesis believes that the benefits of cryptocurrencies are questionable, and I think we should accept this as his subjective opinion and not try to convince him otherwise.



How can people live off of "a space in the ledger"? How's that better than pleasing aesthetic senses with a beautiful picture? Btw, I am free. I don't need a space in a database to have freedom.

Antithesis, you're right here. People cannot live off of or otherwise utilize "a space in the ledger" or "numbers in a database". All they can do is keep the numbers to themselves indefinitely or give them to someone else.