Post
Topic
Board Bitcoin Discussion
Merits 2 from 2 users
Re: How Satoshi Nakamoto Fooled the World
by
BlackHatCoiner
on 16/07/2022, 08:12:53 UTC
⭐ Merited by tadamichi (1) ,JayJuanGee (1)
It's like if you would give me $100 and in return I would give you a paper sticker saying "Thanks".
Analogies isn't your strong point.

A "Thanks" sticker can't be sent across communication channels nearly instantly, in a censorship-resistant fashion. I can't send it across the world for a cent. It isn't resistant to confiscation. It can't be possessed in a divided manner. It doesn't grant me the access to an independent and transparent network, wherein users can verify that it has changed hands, without knowing who's the new owner. Sticker users can't verify who mints them, how many they are, how hard it is to create new ones, which part of the supply they own, because there's no transparency. Owning stickers doesn't give you the option to store messages on an immutable ledger.

With bitcoin, you do gain these benefits. That's why we're all willing to trade monetary value for it. You can whine about it, make videos, call it ponzi, lie about non-existent resources, bring friends to this thread, but you won't get to enjoy these benefits otherwise. We do.