Post
Topic
Board Bitcoin Discussion
Re: The Great Bitcoin Secret Revealed
by
Snowshow
on 22/03/2022, 08:26:15 UTC
You are not storing or moving value, but numbers. A number is a concept on quantity of things. A thing is value, not a number. If there's a number "10", next to your name or address, this is suggesting that there are 10 pieces of a thing in your possession. But if the thing is not in your possession, the number is fake. And that's exactly the case with bitcoin. There's no such thing as bitcoin in the possession of an address holder which has a specific number attached to their address. So, blockchain is just a giant collection of fake numbers. And bitcoin cannot be value by definition, given it doesn't exist.
I will put it in your words:
You talk nonsense and stupidity.

When transferring Bitcoin, people are not transferring numbers but bitcoins. Why is that so hard for you to understand? Bitcoin doesn't represent anything just like gold doesn't represent anything - they both have value for what they are - Bitcoin and gold. That is the thing you must learn to understand - Bitcoin doesn't represent anything and it's value doesn't come from it representing some other asset. It's value comes from it being Bitcoin! Just like value of gold bar comes from it being a gold bar. Just like value of water comes from it being water.
You're repeating nonsense that I already debunked. Gold is a thing that exists. Bitcoin doesn't. Saying or writing down that you own 5 ounces of gold, means you're able to show an actual metal in your possession. Otherwise you're lying. Whan you say that you own 5 bitcoins, or this is written down in your wallet, but you're not able to show any digital product in the quantity of 5,  them means you're lying and that the wallet has fake numbers.