Post
Topic
Board Bitcoin Discussion
Re: How Satoshi Nakamoto Fooled the World
by
Dunamisx
on 10/07/2022, 22:03:37 UTC
No, my shit coins or fiat currencies are numbers that represent the quantity of debt created in the banking system that I own. Which is clearly evidenced in the balance sheets of the banks where the deposits are recorded as banks liabilities. Banknotes are of course redeemable for the deposits. Bitcoin doesn't represent the quantity of debt. Nobody ows you anything when you hold it. So, bitcoin is indeed just a worthless numeric label. That's why you're forced to find new victims to dump that shit on them. There's zero similarly between fiat and bitcoin.

It feels bad the the whole concept of a thing is totally misunderstood, yet OP keep repeating jagons of which I don't know if he's been paid to disrupt the calm or its a personal error from self and overknow which amount to knowing nothing, if you need to be clear about this, google what bitcoin is online and have a look at the list and number of those that are investing on it who were people of high reputation and consider the rate of how its been used on a daily transaction and payments, i still don't know what you lack about bitcoin being a digital currency, Satoshi came up with this for everyone to benefit and not for his personal interest, if I were you, all i will do is to just give it a try and see if all been said about bitcoin is real or not.