If it's this easy, please do it and show how you did it. Don't worry, it's not spreading misinformation, if it's possible, it's a bug in the system and it's totally your right to exploit it. Also, if it was this easy, someone would surely simply do that (in secret or now); yet somehow I still own my own coins.
Sure it's easy. You need a line of code to attach a number to an address. To create a coin - a tangible item or intangible liability, it's not so easy. Your problem is that you lack education in economics so you think that attaching a number to an address means creating a coin. Electronic coin or cash is liability written on digital media. Cash is liability written on paper or metal media. Writing down numbers into a database is not creating coins or electronic cash like Satoshi said in his whitepaper. That guy wrote nonsense because he is also uneducated in economics.
The thing that you don't understand and cannot understand without educating yourself about cryptography and signatures: you can't just write another number next to your address.
Yes, you can... here you go. Addr4u7jgt67. I declare that to be my address. ... Addr4u7jgt67->1,000 And now I just attached a number to that address. Of course, I can make, a protocol... "Attaching is only allowable only after POW. POW is traveling around the world". Ups... now it's not easy for me to attach a number. But, whatever. It is still a number. It's not a car. It's not an application. It's not money or a coin ( a tangible item or intangible liability). It's literally a number. With or without POW is it doesn't matter. POW doesn't magically transformers numbers into gold.
When you claim that we can't 'show the BTC assigned to our address', it's a strawman argument. That's because we don't prove ownership by 'showing the number of BTC and the corresponding address', but we prove ownership through a cryptographic signature that only the owner can provide.
You don't prove ownership because you don't own a digital product, liability or a tangible item. You prove that a specific number was attached to your address. That's it.
Except we can. It's called cryptographic signature.
Cryptographic signature... I have to google it... " uses public key algorithms to provide data integrity. When you sign data with a digital signature, someone else can verify the signature, and can prove that the data originated from you and was not altered after you signed it."
So, with a cryptographic signature you are just securing the numbers attached. No bit-coins, that is, someone's liabilities to redeem numbers exist in a cryptographic signature. You see, you didn't prove the existence of bit-coins.
I don't attack you, I'm stating the obvious. You are talking out of your ass and embarassing yourself with your ignorance. Harsh reality, but it is what it is. Some day you might understand; or you will end up dying in your ignorance. It's up to you though; you seem not to want to learn & understand, instead keep hammering on your arguments based on wrong, naive assumptions. I don't keep my hopes up.
I refuted literally everything you said. Even that thing about cryptographic signatures. Are you using Freudian projection? It's like you're describing yourself.
What even is buying? Transfer of ownership. I transferred ownership rights of some amount of BTC from my secret key to the seller's secret key, while he shipped me a product. That's the definition of buying.
Again, if you can 'just transfer fake numbers to someone's address', why don't you do it? You keep saying that it's so easily possible, but I'd like to see you do it.
No, no, no and no. You didn't transfer ownership rights of some amount of
BTC. You transferred a number. BTC is just Satoshi's trick of renaming the concept of a number to coin. Numbers are neither coins nor there's ownership rights on them. Satoshi's didn't invent numbers or patented them. He just uses them to create the illusion of the existence of coins that don't actually exist.
That's wrong though; you have no, zero valid arguments why the 'numbers should be fake'. If they were, what stops you from generating such 'fake numbers' for free, yourself?
I am not a fraudster so I don't create fake things.
Dude, we understand. You're super proud that you understood how the banking system works. However, that doesn't mean every other payment system has to work the same way..
In fact, Bitcoin is more akin to 'antique money' than 'modern money'. Where people had gold coins that they paid with. The value wasn't in something 'backing the coin', some 'liability' or some bank. It was the value of the material, simple as that. Exact same thing with Bitcoin. A gold coin also wasn't 'redeemable' in the sense that a modern day banknote is; but people willingly traded goods for it since they knew it had value. Value due to scarcity and demand, but also through heaps of expended energy to get that shit out of the ground.
If you don't understand why, read more about it and ask specific questions. But this discussion doesn't help you understand and won't convince anyone of your pathetically wrong assumptions and derived wrong claims.
I also start to think it makes no sense to waste any more of my time with you. I tend to join these types of discussions so other users are not misinformed by trolls & can read my objective explanations why the troll is wrong, however I'm confident I've proven it enough by now.
Antique money is a tangible item. Modern money is redeemable record. Satoshi's numbers are neither. Which means they are not money, coins or tokens. They're just numbers. You are free to pay a million dollars for a number to be attached to your address. But you cannot lie that that number is money, coin or bit-coin. Although you can day it's a fake-coin.