Re: Can you answer a couple of questions to a potential bitcoin buyer?
Definition of value
It's advisable to mention that there are many kinds of value, e.g., personal value, intrinsic value, market value. Value should not be unconsciously translated to price.That's language, semantics, definitions. The fact is that from capital people can live off of. From numbers in a database, they cannot. No matter how someone define words this fact won't change.
They can neither eat the shares. There has to be a supposed agreement between the parties, whether that's legally enforced or not. You don't like that. You've invested your time to create these videos that you've become biased. You keep thinking of Bitcoin as a number in a database, but you don't comprehend that it helps some people's lives.We are discussing that with fiat the whole banking system protects you by ensuring that the borrowers provide you the things you can live off of.
Maybe that's the problem with you. You don't believe that people can live all by themselves. You remind me of this:
Why is it that you view me as a problem? I am here to state facts. The real problem is with you people. You gave up things you can live off of, or you give up membership in banking system that ensures you get such things back, only to be members of the system where you hold numbers. The demonstrate the stupidity of this system consider the following example. Let's say you are the richest person on Earth and you have land, buildings, machines,.... all over the world. Now let's assume you trade literally all that, including food, for all the bitcoins in existence. After that you are the owner of a number "19,000,000". Let's assume no one in the market is interested in buying these numbers any more. What can you do with "19,00p,000? Let's say you get hungry and need something to eat. The guy next to you has pizza. You offer him your number, and he responds: "pizza I can eat. With your number I can do nothing. I'll pass the deal." And now what? Is there something like banking system to ensure you get back the things you can live off of? No. Is there any capital that you own to produce such things? No. So where's all the bitcoin value that you people are talking about? Where's the freedom, if now you have to work only to get food, only to meet your basic needs? You literally have nothing. Do you now get what does it mean having protection in the banking system or in capital? Or are you still going to make excuses for the system of number holders?