Quote from: arcmetal on Today at 07:58:54 AM

Quote from: Snowshow on Today at 05:32:47 AM

Quote from: tadamichi on July 16, 2022, 10:24:29 AM

Quote from: Snowshow on July 16, 2022, 09:39:40 AM

Are you some kind of advertising bot for luring people into Nakamoto's Ponzi?

Are you out of arguments? Poor you.

Quote from: Snowshow on July 16, 2022, 09:39:40 AM

You're just keep repeating the lie that bitcoin is money.

Because i use the criteria that is used to evaluate money and not some OLTP Systems salesman hurt feelings.

Quote from: Snowshow on July 16, 2022, 09:39:40 AM

You're keep repeating that bitcoin has utility although you know that without new investors bringing utility from the outside bitcoin holders have nothing.

Bitcoin does the job it’s supposed to do, no matter if a fiat market exists or not. I can transact either way, while your fiat payment method will always need counterparties and trust to work, which opens the doors to fraud and exploitation, without a guarantee to prevent this.

Quote from: Snowshow on July 16, 2022, 09:39:40 AM

I mean, the thing that you are doing is obvious false advertising. And the promotion of an online fraud, spreading disinformation.

In your dreams maybe. Anyone can verify this information themselves from top to bottom. While it’s not even possible to audit the code of fiat payment systems. They can do false advertising without you ever being able to notice it.

I mean really. You act like an advertising bot. Participants in this thread also. Just take a look at this statement of yours: "Bitcoin does the job it’s supposed to do." What job? If you give me a car and I give you back 5 paper stickers with the word "Thanks", and this gets written in some database as "5 THX", what job would that stickers and data about them do? What that has to do with the concepts of economy, payment or transactions? Nothing. These concepts mean ...

Wo, the level of cognitive dissonance in that statement is rather high. Most people's cognitive dissonance varies, on a scale of 1 to 10, most can be at 2 or 3. It would seem yours goes to 11, and is permanently set at 11 as this thread shows.

About your little "5 paper stickers", what you seem to miss is that "on an alternate Earth" (like in Sliders) those stickers might be the form of money, of some kind of payment system. Maybe on that alternate Earth a system was setup a long time ago that made these little stickers have a kind of meaning that most agreed upon, so that it meant it had some value in that world, so that those people could exchange it for goods and services.

Here on this planet, there has been a long history of humans attaching a value, to an agreed upon item, and then this item is used as a base with which to exchange goods and services. Maybe you should look this up on your own, but for example a long time ago we humans on this planet used shells as a form of money, then later some used silver bars, then it was small knives made of bronze, then instead of small knives it became easier to carry small metal coins with a stamped engraving. ... At some point paper money gets invented, with all its trappings, then credit cards with its trappings.

Then along comes an interesting invention that most call the "computer". It is difficult to nail down the creation of the earliest computer, but around 1822 Charles Babbage is credited with creating a difference engine, which some credit as being one of the first mechanical computers. Later he designs an analytical engine, which is considered the first Turing machine. As far as I know, all computers these days are Turing machines.

Skipping ahead a bit -- by the 1950's we get electronic digital computers, which are far more successful than the older analog tube machines. The transistor made a huge impact on getting these machines to shrink in size.

Then guess what happens next. People notice that these machines can be linked electronically together, this would allow these machines to do more than any machine can individually. Then in 1969 the US department of defense's Advanced Research Projects Agency (ARPA) awards a contract for development of the ARPANET. This was the start of what we now use as the "internet". You are able to read this comment on this page because of the work done to create the internet. You are now using this "internet".

Then, sometime at the end of 2008 someone introduces, on the internet, a protocol that runs on the "internet", and which can be used to trade things, just as if it were money, as if it were the shells, or the pieces of metal, "coins", that the early humans used so many years ago. Except that this electronic protocol has many new features that those old "coins" didn't have. For example, this new protocol, let's call them bitcoins, can be sent via the internet, and it's a piece of electronic data that cannot be easily replicated, thus giving it value that will hold as one person sends it to another via the electronic channel, the internet.

So these "bitcoin" perform a similar function on this planet as your "5 paper stickers" do on that other Earth.

I realize you won't understand this, because either you are incapable of understanding, or because you pretend to not understand. I simply leave this comment here for others who are still learning.

Sure, paper stickers can be money because paper is a resource. Although the utility of such resources is small, in theory you at least can compare the its degree of utility to the degrees of utility of other resources. But in the Nakamoto scheme, you cannot even show stickers or tokens, neither digital nor paper ones.. All you can show is a number in your wallet that represent the amount of digital tokens. Giving up the actual, valuable resources just because a system of an anonymous person will tell you that you hold a specific amount of tokens that you cannot even show, is the stupidest thing humans ever invented. Putting money in this stupidity because you hope you'll make some money is one thing. But trying to defend it, by writing endless rants about freedom, revolution, new money, etc. is the stupidity of a high order. I mean, just taking a small look on what some guys here are writing and you don't know whether to laugh or to cry.