Let’s use the US dollar as an example of something that has a real value. [...same paragraph...] This requirement is forced at the point of a gun. The US dollar is, at its core, a type of ticket that you must give to the government to allow you to live. That makes the US dollar valuable to your life.
Fiat's currency support isn't "memory price". It's legal tender laws, tax laws, price control laws, etc. It is the gun.
Money so “valuable” that people must be forced at gunpoint to use it—such wow!It would be otiose to speculate on whether you would preach to slaves about the “value”
to them of their chains, or cook up a sophistic theory deprecating the value of a pair of bolt-cutters. Of course, when I put it that way, you will rationalize a counterargument however you want.
I was just now reading OP. Musing on an ungrounded pile of abstractions without adequate empiricism. The naïve reading of books, out of contact with reality.
OP reads as if someone decided that the U.S. dollar has value, and Bitcoin has no value—then spent some time researching ways to rationalize this conclusion. Needless to say, it is riddled with the sorts of fallacies that some of us have seen too many times to be interested in further waste of time.
I searched all three pages for the word “petrodollar”. Zero hits. My, are you in for a surprise when the scam collapses.
Please advise, why are you even here? If you seek to debate with some Bitcoiners, or maybe to preach to them under a
doth-protest-too-much* username the salvation of the Almighty Dollar, then perhaps some of the folks here will enjoy the opportunity to practise answering common fallacies. But others of us are too busy for such diversions; and for my part, much though it will shock some of my friends, I actually agree with Nietzsche’s conclusions about Socrates. So as for debates.
* Although I see that it seems you are, or may purport to be affiliated with some website, it does not escape my notice that preaching to people under the name “reasonspace” is like saving souls for Jesus under the name “saintly_virtue”—or seeking no-escrow trade deals under the moniker of “honest_trader”. Cf. “RationalWiki”, a propaganda site. My own term for this: Those names doth-protest-too-much, methinks. By contrast, what may be inferred from my name? I loudly brag and declare to the world that I am nobody’s, I am of nothing—I belong to zero!