I mean really. You act like an advertising bot. Participants in this thread also.
We just stated facts, so you just admitted that you see Bitcoin features as something with a positive connotation, if you interpret it as advertising, because advertisements usually try to sell you something. I stated several times that i don’t want you to buy any Bitcoin, even if you start to understand it.
Just take a look at this statement of yours: "Bitcoin does the job it’s supposed to do."
Shocking :O. The network is running since it’s creation without fault almost. Gets upgrades and is being maintained. Does its job as an P2P electronic cash system, and other things. Shocking statement to say: 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.
The irony is that you’re describing what happens in fiat. I give you the car, and you give me 5 paper stickers back with „500“ written on it. We act like it’s the most serious thing in the world, just because it came out of a specific printing press that is chosen by some entity(government).
Or when we’re using digital payments, it gets sent to some payment processors database and it takes days until that number gets written inside the database of my bank. There’s many hops to take and the whole architecture is a mess, outdated and insecure. And a pain for businesses:
Fraud: Over two-thirds of merchants we surveyed as part of our VotE: Merchant Study 2021 recorded a year- over-year increase in fraud volume – more than one-third indicated that the increase was significant. The real concern here is much bigger than losses. This year, respondents said their number one concern about fraud was the customer experience impact. Merchants are concerned about jeopardizing trust if they can’t keep bad actors away, but they’re also concerned about creating friction for their most loyal customers. One thing is clear: Manual review teams won’t be able to scale fast enough to effectively address the growth of e-commerce and expedited fulfillment – some degree of automation is imperative
False declines: In-store, the authorization rate for card transactions is in the high-90 percentage range. Online, it hovers in the mid-80s. That means in the ballpark of one in seven e-commerce transactions are being turned away, and many of those are good transactions where an incorrect assessment was made by the merchant or card issuer. We estimate that more than $16bn in the past 12 months has been turned away due to false declines in the US alone. Many tactics, including local acquiring and data sharing between card issuers and fraud-prevention providers, can help reclaim some of this challenge. Ralph Dangelmaier, CEO of BlueSnap, pointed out that A/B testing across acquiring banks is a key tactic his company leverages to help merchants optimize authorizations.
$16.3bn in abandoned purchases over the past 12 months due to false positive transaction declines
Bitcoins whole architecture is way more elegant and efficient than the mess they have built. Doesn’t have the problems as above. So if you’re buying my car happily send me „stickers“ to Bitcoins ledger, i prefer it that way. It’s more secure, fraud free and i am in control. The whole process is completely transparent and i can watch every step. If there’s problems you have actual people to help you/ teach you here, and not some chat/ phone bot of a bank, because they don’t even care about support anymore.
I see what you mean here, I see what you are trying to figure out.
You think some "resource" needs to be transferred, but you want this "resource" to be made of some atoms. Or, at least that's what I think you meant.
There are material resources: computers, their wiring, the electricity that make them run are made of atoms, electrons, and charges that flow through the wires. These material resource help computers, the internet, and bitcoin to function in a timely manner, but they aren't necessary for the internet or bitcoin to function. What you are missing, and can't seem to understand is that the "resource" incorporated in a bitcoin transaction is actually "informational". It is wrapped up in its cryptography, in the mathematics that allow it to work.
There is value in understanding the following knowledge: 1+1=2. If you can't understand why that type of knowledge is valuable, then you will never understand why exchanging bitcoins for products across the globe can have value.
People just won’t grasp that computers aren’t completely detached from the physical world. There’s over 15.000 nodes or more with the whole copy of the chain, that is more than any bank has. His money is literally saved around the entire world, instead of being stored by just some private company/ companies. He can recover it from anywhere with his keys. A nuke can hit his country and his money will still be safe. They all verify that the rules of the network are being enforced, manipulation would be detected fast. In his banks database we gotta trust what they’re doing, some central entity can decide what they want. Delete, manipulate whatever. It’s not transparent, nor is there some mechanism that can prevent it with a guarantee.
Go educate yourself how banks operate and manage debt. Or you can repeat the same stupidity. I don't even read your responses anymore.