@shitshow, excuse me @snowshow, you are the one who started this troll. Your ignorante stand is the ridiculous one here. I tell you once more that your shiat coin represents shit. Debt is no resource as it has no value. You only say that because that's what you have been told by keynsian dumb fucks or read somewhere in the internet and you just swallowed it like a lamb. You have no own critical reasoning. You just soak up the first crap you're given. So, don't keep repeating the same old shit keysian dum asses told you. Because that's what you've been doing for the last 30 or 40 pages. Is that your shiat coin represents a quantity of debt. Debt created by banks... As these 2 statements could ever give any value/resource to debt. No, there is no value in debt.There is only keynsian imagination in debt. There is only your imagination in debt and in your shiat coin.
And what banks balance seets tells you means nothing because they can put there whatever they want, true or false, that you'll kust swallow it like the lamb you are.
On the other end, Bitcoin has value basaed on technology, criptography, math, computer science and through all properties of a hard/sound money. But you, as a lam you are, can only soak in the crap you were given and you can't even judge that same crap and add 2 to 2 and see that something is not adding up.
And more, you are refuting nothing. Your claims are just more of keynesian crap. Those lords you menitoned all made their fortunes with you shiat coin while others lost evertything to those fucks. Give an example, just one, since 2009 of the same happening in the Bitcoin network, due to the system itself. And don't bring mtgox or any other custodial services or any other shit like that, because that has nothing to do with the Bitcoin network it self. JUST SAYING!
Well you can keep repeating that debt has no value but those that own it by holding fiat currencies, literally every minute, all around the world, receive labour, products and services from the borrowers, who in that way pay their debt. Debt is liability of one and asset of another. Fiat currencies are simply records of asset ownership.
On the other hand, bitcoins, plus satoshis, are just tokens of participation in a fraudulent investment scheme. That person Nakamoto set up a system to produce 2.1 quadrillion of these tokens, and those who want to invest in his fraud buy the tokens or invest electricity in them. After that they own nothing and hold the evidence of fraud participation. Hence, Nakamoto invented a modern way of recording the participants who joined an investment fraud.
You can also keep repeating yourself over and over. You only know 2 things. The only ones you keep repeating. You are ignorant deribelatly when you say there are 2.1 quadrillions of whatever you say and this is simply not teu. It's not true. NOT TRUE. Are you blind, deaf or just stupid?
Once more, Bitcoin is not fraudulent. The only thing fraudulent is debt and shiat coins. You know you gonna get nothing out of here, yet you still trying your dumb narrative as if anyone is going to fall for it.
Your claims would make sense in some shiat coin forum, but definitly not here. You seem a lam looking for grass in a dungeon of hungry lions. Poor thing.
Bitcoin is not only not fraudulent, but it has so much value that any shiat coin will ever be able to compete with. See how much purchasing power the shit dollar and shit Euro lost until today. See how much value Bitcoin lost until today! lol. You're ridiculous!