Post
Topic
Board Bitcoin Discussion
Re: What Bitcoin unit look like in real life
by
Snowshow
on 12/12/2022, 16:54:37 UTC
showing
101111101011110000100000000

or showing


on a forum. is not how value is made

because in both cases they are just displays and explanations of discussion.. not actually part of the value system

if i showed you a picture of a banana on this forum. does not mean you can eat it from the forum
..
if you cannot tell the difference of a discussion forum vs a payment system, then you need to take some time to do some research

learn the rules and functions of the payment system and work within those rules of that payment system to then create new value.

EG
going to a loan shark and asking for a loan. is not creating new money. its borrowing someone elses already created money.
if you want to create new money you have to go to a bank that has the facility to do so.

learn the difference. not all loans create new money

talking about dollars in any discussion platform does not create new dollars.
You're correct because dollar is a debt unit - an instrument of debtors liability created at a bank via loan contract. That's why you cannot create dollars here on the forum. However, bitcoin is just a dozen binary digits. And those can be created everywhere by anyone. I did it here. You did it here. Nakamoto system does it. Thousands of crypto system as well. It's just people give different names to those digits. Simply, whoever needs them digits can simply create them. So, why are you people spending tons of energy or money to get them?