Quote from: Western_Boris on Today at 02:05:32 PM

Quote from: Snowshow on Today at 02:02:44 PM

I am not interested in your philosophy about Satoshi's numbers. You said these numbers are redeemable. Now, back up your claim. Who has the written liability to redeem that numbers and what's the maturity?

The guy who claims something people use for payment everyday does not exist at all, is not interested in "philosophy". Cheesy

Are you for real? Have you been laughed so hard that only place to talk shit left for you is this forum?

Every bitcoin exists in the blockchain. You cannot take it out as paper money from there. You can only transfer the ownership of those digital coins to some other people. So there is no need to destroy anything.

So, you're not able to back up your claim. I knew that already. I am just showing that none of you have some rational arguments. You're all just repeating the same nonsense.

Quote from: BlackHatCoiner on Today at 02:34:49 PM

Quote from: Snowshow on Today at 01:58:15 PM

No, you cannot redeem Satoshi's numbers. You can just transfer them to your address.

And yet, that's what "redeem" means...

Quote

gain or regain possession of (something) in exchange for payment.

Also stop calling it "Satoshi's system"; it's cringe. It's our system, those are the rules WE have decided to follow, it's a currency WE verify, WE are the central banks of it. (Precisely, the last one describes the miners, but we're free to start mining)

Satoshi or any other authorities have no power here.

Quote from: Snowshow on Today at 02:02:44 PM

Who has the written liability to redeem that numbers and what's the maturity?

No one deals with liabilities, by default, in our system and that's a feature. We don't have to use debt in such system, unless one wants to borrow money. When you sign a Bitcoin transaction, there's no one promising coins, owing coins etc., it's a settled transaction that cannot be reversed. Just like when you hand out cash.

In finance, redemption describes the repayment of a fixed-income security—such as a Treasury note, certificate of deposit, or bond—on or before its maturity date.

You have literally ignored every possible definition of a financial or economic term in this discussion. All that just to spread lies and misinformation by claiming that Satoshi's numbers are something they are not. In the same sentence you say that Satoshi's numbers are redeemable, which means someone has liability, and then you say that in Satoshi's system there are no liabilities. For you, it doesn't matter what is reality or truth. You're twisting everything just to fit your narrative. I bet that if Satoshi had written in whitpaper that his system creates airplanes you would have claim that numbers are capable of flying. That what you're doing is a textbook definition of a delusion.