All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them.
I am still not sure whether you truly don't understand or if you are just pretending. Bitcoin is not a system of "shares" like in traditional stock markets. Why do you keep comparing them?
To put it simply, Bitcoin is merely a method of transferring value between two parties. P2P type of payment system. There is no issuer of shares or company in which you invested funds when you exchange fiat currency for cryptocurrency. You simply exchanged one currency for another while, at the same time, someone else did the same in the opposite direction. That is it!
You don't get it, do you? Whatever you say about bitcoin it won't change the fact that people cannot get anything from the bitcoin system when holding the record of how many shares in this system they have. People invested in this system, got the records or evidences of their investments, and then they are able to return their investments only if new investors buy their records. The system returns them nothing, it is completely worthless. That what you call bitcoin is just the name for one share in that worthless system. Just like one share in the US dollar system is called a dollar. When people invested in the US dollar system and consequently hold dollars as evidence of their investments (shares in the system), it is this system that returns them their investments. Either through goods, services or labor of the borrowers or their collaterals if they default on their loans. The bitcoin system is a scam that lures people to invest, and then leaves them with nothing, which is why they are forced to wait for new investors like in all investment scams.. Your writing is just marketing for the bitcoin scam. People are not transferring value through the bitcoin system. That's a lie of the bitcoin marketing. They are transferring records of how many shares in the worthless bitcoin system they have. Stop spreading lies and disinformation.
If you have the audacity to judge what is a „scam“ and what not(while having 0 knowledge of it), then go ahead and give us examples of things that aren’t scams compared to Bitcoin. Im waiting, but i already know you can’t.
No need for examples. The fact is that when you invest in the bitcoin system and get the record of your investment that shows how many shares(BTCs) in this system you hold, the system will never return even a dime worth of your investment. Which is why you're forced to dump your worthless shares to new investors. These new ones must also dump them. And so on. When there's no one left to dump them on, the whole system collapses. And that's literally how all investment scams operate. The bitcoin system is just a scheme for dumping the worthless shares from one investors to another and recording how many shares a particular investor has or has had.
Bitcoin is not a stock. It’s designed to be a medium of exchange. Just like a currency. When someone trades euros for dollars, is it „dumping of shares“ too? Ofc nah. It’s simply switching into a different medium of exchange. And just like you can’t pay with dollars in europe, you can’t pay with Bitcoin everywhere yet.
So the logical step is, to trade Bitcoin against whatever currency is accepted wherever you are, and then do the trade(if you’re trading with parties that don’t accept Bitcoin yet). But the more Bitcoin will be accepted, the less this will be necessary and you can use Bitcoin as a medium of exchange directly. Then there will be no more „dumping of shares“ and (spoiler alert) the system didn’t collapse. Or in simple words: magic myth numbers will allow for direct worldwide trade without intermediaries.
Dollar is a share in the US dollar system that has loan business behind it and returns the investments to dollar holders from that business. So, people are not dumping dollars, but exchanging shares in the loan business. You dump shares in investment scams because there's no business activity behind those scams from which the holders of these shares could return their investments. So, you can call bitcoin a currency or whatever, but bitcoin system is still a scam system and bitcoin is stil a completely worthless share in that scam system.
The same „loan business“ that allows private institutions to create money out of nowhere and thus devalues your shares automatically over time, without most of the population realizing or understanding what is happening.
So we have the choice between a system(fiat) that makes us poorer automatically. If you store your worth in fiat you will get poorer by default, so you already lost the game before playing it. The only choice this system gives you to prevent this, is to escape fiat into other assets(like stocks), but not everyone has the ability to do so. So if the only way to survive this system is to leave it, why should any sane person want this(except if they wanna be a masochist or are close to the money printer).
Then the other choice is a system(Bitcoin) that tries to stop this madness and actually gives you the ability to stay in it, without getting rekt. But sure Bitcoin is the worthless scam.
You know yourself that your logic is flawed and it doesn’t make sense to keep discussing it, if you refuse to accept basics. If one day you actually wanna understand why Bitcoin is like it is, we’re happy to help you and if not it’s fine too.
Hahahaha,... you are a funny guy. A system that gives you shares in nothing, which is why you're forced to dump them on someone else is better than systems that give you shares in something. Are you drunk or what?