Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin the Dumbest Thing Ever Invented
by
FatFork
on 22/06/2024, 17:18:17 UTC
You seem to have missed the point of this whole discussion. There's no money in the Bitcoin system. People in the Bitcoin system have numbers that count nothing. Empty numeric units. Money is numbers that count something. For instance, you mined gold or created debt and then you use numbers to count or represent those items. In the Bitcoin system the guy came up with the number 21 million and via his protocol simply assigns units of that number to addresses. Nothing is counted, nothing represented with numbers. It's literally like monopoly money - just digits on the medium.

Oh wow, you finally getting the hang of it! A whole new kind of money, right? Like Monopoly money, only... not worthless and infinitely reproducible? And here I thought Bitcoin was some kind of elaborate social experiment. But hey, at least you're finally grasping the basic concept. Slow clap for you.