Quote from: Medusah on June 08, 2024, 11:43:14 AM

Quote from: JamesNZ on June 03, 2024, 05:09:30 AM

Isn't it fascinating how you people always compare BTC units to units of something actual.

Money doesn't need to be backed by a tangible asset or commodity. Bitcoin is a prime example of this concept, as it has established itself as a form of currency despite not being pegged to gold, debt, or any other physical equivalent. Its value lies in its digital existence and the trust people have in it as a medium of exchange, even though there is nothing behind "1 BTC", just as there is nothing behind one monopoly note.

Quote from: JamesNZ on June 03, 2024, 05:09:30 AM

As for your question. So you want me to send you 1 million empty digital boxes by the rules of the Bitcoin protocol.

Go ahead and send me 1 million "empty digital boxes" if that's how you think. I want you to transmit them to me using the Bitcoin protocol. I'm curious to see how this plays out, so keep me updated on the process.

Quote from: JamesNZ on June 03, 2024, 05:09:30 AM

But the catch is that I can send you empty digital boxes by the rules of 20 thousand different cryptocurrency protocols.

I want the Bitcoin protocol, not other protocols.

Quote from: JamesNZ on June 03, 2024, 05:09:30 AM

Not only that, I can send you a trillion empty digital boxes without a protocol.

I don't want you to send me any "empty digital box" that goes against the Bitcoin protocol.

Quote from: JamesNZ on June 03, 2024, 05:09:30 AM

So, just because I cannot meet the rules of Satoshi's protocol that doesn't mean I cannot do what his protocol does.

That's false. If you do not meet satoshi's rules, then any transaction you make will be invalid by the nodes of the network.

So, you want to get units of nothing that are printed by protocol X instead by protocol Y. Ok, that's your personal thing. But here we are discussing about the stupidity wanting something like that. And the stupidity of wasting energy on transferring it. It's seems that you're constantly missing what this discussion is about. As for the money, money has always been unit of something. So, Bitcoin is not real money. It's like money in the game of Monopoly. But regardless of definition it's still stupid to trade 70 thousand units of something for 1 unit of nothing.