Quote from: BlackHatCoiner on Today at 08:05:08 AM

Quote from: Snowshow on March 23, 2022, 08:58:57 PM

You have literally ignored every possible definition of a financial or economic term in this discussion.All that just to claim that Satoshi's numbers are something they are not.

Dude, something that is redeemable needs no legally enforcement to be considered redeemable. Money IOUs in gambling sites are redeemable and they don't represent anything other than the units of the game. They don't represent "real tangible" poker chips. They're just "numbers in a database".

And I've already told you that the same happens with cash. When I hand out $100 in cash to you, I don't pay up any debts, I don't create any liabilities, I'm just handing out a number that doesn't represent anything other than the currency whose usage is being enforced.

Quote from: Snowshow on Today at 05:30:37 AM

Another example is frantically repeating the name Bitcoin as if people were actually holding a coin in their own hands.

"Bitcoin" is just a name and you're just an idiot. That was it, I quit.

Stop with this nonsense, you cannot fool anyone here. You literally said that you've redeemed Satoshi's numbers. However, "to redeem" means - to fulfill a liability. When a retailer created a gift card he created the liability to take that card back and give the card holder some products or services. When the retailer does that, the liability is fulfilled. This is what it means to redeem - to fulfill the existing liability. So, what you actually said is that you had the liability, and that you then fulfilled that liability. Which is an obvious lie. You had no liability. Neither you nor anyone is Satoshi's system. You literally made up that liability exists in the this system, because I demonstrated to you that "liability" is one form of money. That liability is something that exists. Given that liabilities don't exist in the Satoshi's system, you simply twisted the meaning of the world "redeem" to create the illusion that this system has something behind the numbers. I literally never saw such a bizarre behavior in my life. Why are you doing this? What are you trying to achieve?