Quote from: darkv0rt3x on Today at 09:53:29 AM

Quote from: Snowshow on Today at 06:07:04 AM

Quote from: darkv0rt3x on July 03, 2022, 09:30:17 PM

Quote from: Snowshow on July 02, 2022, 09:27:41 AM

Quote from: buwaytress on July 02, 2022, 08:39:17 AM

Quote from: Snowshow on July 02, 2022, 08:30:06 AM

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

You call it what you want. Debt, bank accounts, vaults, whatever, it's just numbers. What value those number have? 0. The only thing that is keeping any value, if any, is some supposed agreement we (the people) agreed with to our corrupt, greedy, liar governments, banks and major businesses CEOs, etc which control the polititians in each country. You seem to have no idea what you're talking about or you're just a son of one of those bastards that keep ading numbers to the pile of shitcoin we have been forced to use for ages and taking any value it may have! That's all. Numbers, meaningless numbers!
https://www.youtube.com/watch?v=QFgcqB8-AxE

Of course, you can call a resource whatever you want ... it's still a resource. Debt is a resource because it provides utility at debt repayment or settlement. Fiat currency is simply a numeric information about the size of debt. This information is written on banknotes or bank accounts.

On the other hand, you can call a unit of a number whatever you want ... it's still a number. Bitcoin is a unit of the number 21 million. You can call it money, asset, digital gold. It's still a unit of that number. You can split it into subunits and call it Satoshi. It's still a subunit of that number. No resources here. Nothing to utilize. Just numbers that every idiot can create in their imagination. That's why you need new suckers to join the scheme and bring the resources in.

Try to accept that Satoshi Nakamoto scammed you. They created an online scam in which they anonymously sell you units of a number that they came up in their imagination. And you naive and greedy suckers fell for that stupidity.

Debt is a good resource to create more money out of thin air and devalue all bills and coins you have in your pocket. I give you that!
I don't understand what you are trying to say (sell) when you mention the numeric information about the size of debt. It's unrelated to the fact that the numbers you're talking about are exactly the same as the ones you refer when you talk about Bitcoin. But in your mind, ones have value (whatever that means to you) and the others don't. You're inconsistent and make no sense!

The numbers of your loved shitcoin have exactly the same resources as you say about the ones in Bitcoin. Zero, null, NaN. They represent even less than what they represented before 1971. They represent shit now. They represent the most paradoxal thing in history. Trust in a bunch of corrupt and greedy people! Yet, that's what makes you comfortable!
The only consistency shown by you is that you fail to understand the digital side of all the properties needed to "make" a sound money!

If your shitcoin was that good, why the heck are we living the times that we are living? Are you just acting stupid or are you really stupid?

What you need to accept is that fiat uses no resources, have no resources, create no resources and is only used to control the brains of the retarded, by meaningless numbers.

Check this please and make it loop
https://www.youtube.com/watch?v=5AeO-dKGBLs

On the other hand, Bitcoin uses, resources, creates a resource (the currency to be able to be traded by goods/services/etc), needs no corrupt fuckers, greedy bastards to control it and it manages itself on it's own.
You're living a huge lie and you can't even see it! How retarded can someone be?

Open your eyes and your mind, don't be silly. You seem just another puppet that is passing by this earth with no goals, drive or anything! Sad!

You're just repeating nonsense conspiracy theories about fiat money. Fiat money is simply a record of debt just like an invoice is a record of the products or services provided to a costumer. All records are created out of thin air. But recourses, like debt, products or services are not created out of thin air. Debt for example is created out of loan contracts and collaterals. Bitcoin on the other hand, is not a resource. It's a unit of Nakamoto's imaginary number (21 million) whose record is stored on blockchain. It's a simple online scam falsely presented to the public as a payment system. In a payment system resources are transferred, and the quantity of resources is expressed with numbers written on paper or digitally. In Nakamoto's scam you have numbers but not resources. That's why those who join the scam by investing their resources must wait new suckers to join otherwise they are doomed.