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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.

I can see who's repeating non-sense conspiracy. "Oh, fiat money is simply a record of debt, bla bla bla bla". Where the hell debt is a resource? Debt is the most shittiest mechanism to create money out of nothing, because fiat is backed by absolutely nothing other than the electricity spent to print bills. Don't be ridiculous. That debt is what keeps your ass under their control. And apparently you like to have your ass controlled by others! And if you like fiat, and having your ass controlled by a bunch of bastards, you'll even like more those CBDCs.

Bitcoin is not a unit of Nakamoto's bla bla bla you say. Bitcoin is a messaging protocol. Is a network. Don't be ridiculous. The only imaginary numbers I know are the ones to represent the square root of negative numbers! Those are the only imaginary numbers I know. Ahh and I also know about your imaginary/real fetish with fiat!

You're just repeating irrelevant stuff and refuting nothing. Your personal opinion on debt won't change the fact that debt is a resource that provides utility at settlement. Bitcoin is indeed a unit of Nakamoto's imaginary number. Network that transfer the units of that number cannot magically turn these units into resources. So it's completely irrelevant on what protocols it operates.

Likewise your supposedly correct definition/opinion of whatever imaginary number you talk about will not change the fact that that is one of the key properties your shiat coin lacks and therefore makes it (your shiat coin) a deflacionary crap that is filling your pockets of 0 value, backed by 0 resources (which some chose to call trust in government).

You're refutting nothing either. Just because your moaning over and over again that Bitcoin is just transferring bla bla bla bla resources, doesn't makes it true, but for you!

Keep trying!

Debt is not based on trust. But on legally enforceable loan contracts and collaterals.

More clockwork. More irrelevant stuff. More attempt of brainwashing. You just don't get it that you won't make your point. Your shiat coin will never be able to compete with any other form of sound money. Just because it can't, by concept, by definition, etc. It doesn't have the properties to make it thrive nor give people power to build better lives, build low time preference and build wealth. It leads to poverty, to distrust, to conflicts and high time preference. But you won't even understand what I just said!

I know that dollars and all fiat currencies are worthless. Shit. Crap. I mean, they are just numbers written on paper or digitally. That's worthless. Just like invoices. They are also worthless. But the point is that fiat currencies, invoices and other documents just express the quantity of resources. Resources are what has value because they provide utility to people. Resources like products, labor, debt, patents, capital and so on. In Nakamoto scheme no resources exist. The scheme just transfers numbers between people. That's all. And people currently pay $20k to get number "1" transferred to their addresses. Which is a pure nonsense, craziness.

But what you just said about resources and services and etc, can also be expressed (and actually are) in Bitcoin. So the same value you say there is in shiat coins, exist also in Bitcoin. I can't see your point!

It seems you are unable to read. I said that shiat coins - that is fiat currencies, are worthless given they are just numbers that show the quantity of a resource in the form of debt. Resources have value, not numbers that quantify the resources. In Nakamoto scheme there are no resources. So, an anonymous person or a group of people created a simple online scheme for scamming you out of your resources. And instead of being pissed about that, you praise the scammers as if they are God. And you preach or teach from their Bitcoin Whitepaper as if it is a Bible. It is literally mind boggling how stupidity you behave.

It seems you are unbale to understand a single word about the crap you keep saying about shiat coin/currency/whatever fancy shit you wanna call it! You seem to have brain limitations in the sense that you simply cannot understand what is underlying the Bitcoin protocol, the network, the economic properties and many other things. The only thing you see is what you keep claimimg as if Bitcoin couldn't do 10x better than your shiat coin.
Whatever you can think a shiat coin can do good, Bitcoin can do it 10x better, safer, faster, etc!

You say that shiat coins are numbers that show the quantity of a resource in the form of debt. Well, Bitcoin can do that 10x better and removing all the negatives of a shiat currency. If you say that shiat coin (which is a number) shows the quantity of a resource, Bitcoin may be the same number and also show the quantity of a resource! You make no sense...