Hahaha. Let's tray again: what actual thing do you have when you bought 10 BTC units for $700,000?
I say you have nothing actual in the amount of 10 but two digits, or 10 units of a number 21 million. You have what I can get right now by pressing two keys on the keyboard.
But you keep insisting it is something else. Then it's simple: what is it?
Other Bitcoin evangelists said it is energy, work, a commodity, a collectible-like thing, token, coin, digital asset, but couldn't show anything except digits on the screen. Now you say it is a ledger, suggesting that you bought 10 ledgers. This is stupidity of a high order. There's only one ledger. It is stored on many computers and free for everyone to download.
Look, you seem confused. I never said you buy 10 ledgers. Don't twist my words. BTC units represent ownership on a secure, decentralized network. You're invested in a system.
Let me ask you this analogy: When you send an email or use DNS to access a website, what are you buying exactly? It's not a physical object, but you're paying for access to a service or a secure network. Similar concept with Bitcoin – you're buying ownership within a secure, decentralized network. There's value in that. You may not see it, but that's your problem.
Now, regarding the "ad hominem" comment, let's keep things civil. Like I said, some find value in Bitcoin, some don't. I'm not here to convert you, but I do believe in respecting others' financial choices, even if they differ from mine.
Why would you pay for something you can get for free?
No, you actually can't. You can get a similar effect using another, more or less decentralized network, similar to Bitcoin, but it's not exactly the same.
It's no wonder more and more people view you as a crazy cult.
Again, by whose opinion? Yours? Why is that relevant?
Interesting, now it is a network. First it's some magic coins. Then energy, work, commodity, whatever. A noe a network. Ok let's see. A is computers linked together. So you're saying that when you bought Bitcoin you own computers. And if for instance I join the network to "mine" Bitcoin and you own Bitcoin you own a part my computer. But... that's not true. I am the only one who owns my computer. Owning bitcoins doesn't means owning computers linked together. So, you talk nonsense.
Why is it so hard to you to admit something so obvious? That by buying Bitcoin you have nothing actual but just units of a number 21 million. That you have what everyone can create in an instant by pressing keys on the keyboard. And that it is stupid to spend tons energy or money to get just numbers to have digits on the screen. But instead, you try to find excuses for that stupidity. By doing so you embarrass yourself more and more with each new post here.