Post
Topic
Board Bitcoin Discussion
Re: The Great Bitcoin Secret Revealed
by
Western_Boris
on 25/03/2022, 08:29:32 UTC
If Snowshows brain is not big enough to understand more complex things than "numbers", then lets talk about numbers. Let's talk about this in a child's way.

Bitcoin network has limited amounts of numbers. The whole network exists only in internet as digital. Anybody can buy some of those numbers and if the purchase is made inside of the network, then the ownership of those numbers gets rewritten for that person. The buyer does not receive anything physical, just the change of ownership gets written in the digital book keeping list of who owns what of those numbers.

Kid claims that you can just make your own numbers and they would be as valuable as those numbers in the Bitcoin network. That is incorrect because those numbers he created are just random numbers. They are not inclueded in the Bitcoin book keeping called blockchain. Kid cannot put or send his fake numbers to the Bitcoin book because Bitcoin book does not accept any other numbers than the ones it was created with. You can't add new numbers into it as it has been coded to work with only the exact 21 million numbers which were in the system originally.

Can you touch the numbers? No. They exist only in the internet. They are listed there. It is a closed system with rules that everyone can verify. Anyone can buy part of those numbers if someone who owns them is willing to sell. But you can't counterfeit or copy the numbers because only the original numbers exists in the system and the system recognizes if you own any of those numbers or not.

If there are kids in this world who has similar brain than Snowshow, maybe this will help you understand how Bitcoin works.