Post
Topic
Board Bitcoin Discussion
Re: Can you answer a couple of questions to a potential bitcoin buyer?
by
Antithesis
on 03/02/2022, 17:20:55 UTC
So, when I hold fiat currencies I own debt. When you hold bitcoin you own a number in a database. Why would I trade you my ownership of debt for a number? Because you gave it a fancy name?

As I said before, you are right, and you shouldn't. And no one should try to convince you otherwise.
Because no one in the world can guarantee you'll be able to go the opposite direction in the future, so all that's left is just a number in a database which has no intrinsic value.

And now one fun question: when you enter a ponzi scheme, you hold scheme membership, but what you own?