Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Paradox - a Simple Online Scam Honored as Deity
by
BlackHatCoiner
on 16/05/2022, 11:18:18 UTC
No asset exists in the Satoshi's system, just the records for creating the illusion of asset.
But, it is nowhere stated that the ledger shows things that exist, that's you, who's benightedly and conservatively concluded it. There's nothing behind the number, it's just the number, but due to consensus and Proof-of-Work, that very number comes with benefits.

Equity and debt are not promises but assets.
They're not promises as is with credit, I might have formulated improperly, but a paper saying that I own something doesn't mean that I definitely own that something. Anyway, we've long gone off-topic, and I'm bored with your idiotic reasoning. Bye.