Quote from: slackovic on Today at 10:56:17 AM

Quote from: Snowshow on Today at 09:00:31 AM

Sure, if people repeatedly lie that coin called bitcoin exists then I must repeatedly address their lies. I don't care about their nonsensical analogies with DNS or evolution. The people here are lying and spreading misinformation. That's the point. Hiding behind stupid analogies won't make that lies go away.

A coin, a token, or money in the form of a record is basically a record of liability. Liability of the issuer of the record to redeem it. So, if that guy Satoshi claims that the numbers that his system is writing down are coins than he is actually claiming that someone has the liability to redeem them. Like banks redeem their records via loan repayments, like casinos redeem their records (tokens), like retailers redeem their gift cards, or corporations their bonds. But no entity exists that has the liability to redeem the record next to addresses in Satoshi's system. That's why the records that his system writes down are not coins. They're not bitcoins. They are fake numbers. Any idiot can print numbers, and then claim they are coins, without having any liability to redeem them. That's called a fraud and not a payment system.

No, you are wrong! Analogies with DNS or evolution are not nonsensical because you claim that Bitcoin doesn't exist because you can't touch it or feel it. You can't touch or feel DNS or evolution and yet they exist. How are those analogies nonsensical if they confirm that a thing can exist even if you can't touch it or feel it?

Yes they are nonsensical because they misrepresent my position. I literally never said that bitcoin doesn't exist because you can't touch it or feel it.

I said that bitcoin doesn't exist because I checked the Satoshi's system and proved by empirical observation that neither liabilities (to redeem) nor digital products exist there. But just numbers. You can't touch or feel liabilities and digital products but they still exist. It is just that they don't exist in Satoshi's system. So no coins or bit-coins. Coins are tangible items or intangible liabilities. Just numbers exist in Satoshi's system. Numbers are concepts on quantity represented by symbols (0-9). They are neither coins, nor invented by Satoshi.