Re: How Satoshi Nakamoto Fooled the World

Quote from: Snowshow on Today at 11:38:41 AM

This whole thing is really like an accident where you know you should not look but at the same time it is so awful that you can't unsee it. It is the same for you USD that you have. IF you print a piece of paper than you also have nothing except a piece of paper. You can do the same with bitcoin or you can just not do it because bitcoin is not stupid fiat money that you can just create in unlimited amounts.
Somehow I sometimes think that user Snowshow is some old bitcoiner that sold his coins and now regrets it a lot Cry

In the OP I explicitly addressed this comical and nonsensical comparision of numbers in the bitcoin system and numbers in the banking system. Because I learned that all bitcoiners repeat that nonsense. It is like they all read from the same book. Whenever an evidence is given that exposes the Nakamoto's scheme as Ponzi, the bitcoiners will, without any explanations or facts just repeat the mantra: "Fiat the same...", "Fiat the same...", "Fiat the same...", "Fiat the same...", "Fiat the same...", "Fiat the same...". Crazy stuff. They act like some cult of brainless preachers.
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I think that people are just way more realistic than you are. Every system has its own flaws and points where it can be improved. It is just that bitcoin is the same as fiat but in some points it is better. So if you point out flaws of bitcoin but they are also present in fiat then this is the obvious reaction. Bitcoin is simply a modern fiat currency with a hard cap. Also it is a legal tender in some countries.