You are once again making the categorial mistake of classifying Bitcoin as merely a security instead of a currency proper.
He's making
lots of mistakes and fallacies. Emphasis mine.
Where're 5 things that the person bought after number 5 was attached to their address? What is that mega expensive product that the person paid $40.000 a piece? All you do is repeating "Bitcoin is this", Bitcoin is that" like a broken record, without proving anything.
People in bitcoin community blindly believe Satoshi like he is some kind of God. He wrote in his paper that his system creates coins and the community accepted that without a question. But all that his system does is attaching numbers to addresses.
You're again talking nonsense. People don't agree that the ladger is satisfactory, whatever that means, but to have numbers stored to their address. And they do that because they falsely believe these numbers quantify a digital asset called bitcoin. They believe so, because thay accepted Satoshi's paper at face value. Or because they fall for false narrative and misleading information spread throughout social media.
And further BS from his alt:
Bitcoin has zero cost in creation. It's created by a mere program function.
Given that bitcoin is not a security one can utilize it via its intrinsic value, like all non securities, that is, economic goods, are utilized. The intrinsic value of bitcoin is watching number on a screen. The bitcoin system exists only to provide the holders with this "watching" and to transfer it between people. First the miners invest electricity to make the system running, and the system rewards them by giving them the ability to watch a number on the screen. Then, they sell this "watching" to someone else. Currently, people ask $37,000 for it. I am simply asking why would I pay so much money for something like that?
Fiat money is a resource that benefits people at debt repayments, as explained in the OP.
But, fiat money is no resource by default. It begins to have value once it's loaned. Once it's borrowed. Once it's used. Once it's demanded. Once it's supplied. Fiat, alone, does not create debt, which is
the resource.