no you did not

firstly someone just saying the word or writing the word "bitcoin" "btc" or quoting the binary in a forum, did not create new bitcoin

bitcoin is on the bitcoin network. its secured that way it never leaves the network. and  its fundamental rules restrict how its created.

to create new coin within the many rules also involves mining which has a real world cost. meaning acquiring new coin comes at a real world cost of electric and hardware.. yep its called proof of work

if its not confirmed on the bitcoin blockchain.. its not bitcoin

if you want to cry about a low low value coin that is made too cheap but sold for too much.. look at the PoS coins, forks. side chains and subnetworks of things pretending to be bitcoin.. and aim your "valueless" arguments at those.. or coins where the inventor just creates a trillion coins in 10 seconds at no computational, electric significant cost (ICO-premine)


dollar or bitcoin is not created by saying words on a forum. as explained

if i want to create $1000 new dollars. i would go to a bank and ask for $1000 loan
. that is how i would create $1000 new dollar. by my agreement with a bank to create $1000 for me. and in exchange i will slowly pay them back $1000+interest

its easier to create $1000 than it is to create new bitcoin. and at the end cost of creation of bitcoin vs dollar.
bitcoin has a good functional deflation system that makes the recipient better off over time for receiving bitcoin, where as in dollar they are worse off from receiving dollar


with fiat. its paper not silver..  that paper USED TO represent backing to physical asset. such as a £5 (5 pound) bank note WAS centuries ago representative as a coupon that allowed the bearer(holder) to swap that coupon(promissory note) for five metric pounds(lb) of sterling silver

however the banks broke their own rules and changed the rules.
now bank notes are representative of other rules, where value is measured at things like minimum wage, tax rules wher someone has to pass around these fiat amounts to pay X min wage or y% tax which keeps them in circulations and valued to certain known amounts of other things.

similarly in the cryptocurrency industry. there are sidechains. where they too 'print' coins at no value. which are not real bitcoin. but representational 'promises' of pegging to a bitcoin. but note they are not bitcoin. nor is a bank note silver.

..
bank notes are not property of people. bank notes are patented products of banks and owned by banks and simply licenced/permitted to be held(bearer)(possessed) by people but not owned. this means the bank can take bank notes out of circulation or seize bank notes off people

bitcoin has no central owner. no one owns the bitcoin system, the public-private key mechanism proves ownership of who has control and custody of the coin allotted to an address.

there are other networks which have bad mechanisms that can remove coins from someones custody

"bitcoin that would be held by greyscale ETP trade on concededly "unregulated" spot-trading platforms"

lets translate that

"we cant regulated a ETF because the asset will be traded on something unregulated"

thats like saying.
we cannot put cooked food on a plate because the plate has "no cooked" food on it

..
well regulators.. here is the thing
because bitcoin stored in coinbase vaults, is working as a commodity*
coinbase is regulated by CFTC in this manner. so the underlying asset is regulated

thus because CFTC regulate coinbase thus bitcoin. the SEC can then allow greyscale to have by SEC future approval regulated shares**..
by which .. by then regulating the shares**.. SEC can then regulate the OTC trading platform to then allow them to trade those shares

so the SEC can regulate greyscale and thus greyscales chosen market it wishes to trade on

*commodity(raw product used to create other products(collateralised shares**))

**shares(in $ format which is treated as $ equity/debt (securities))

EDIT

turns out....
via coinbase site

ok greyscale.. time to move your coins out and store into a wallet and thus business that can be regulated


i was first thinking that coinbase was regulated and the ball was stuck in SEC court for falsely denying things
turns out greyscales funds are locked in a business thats not regulated..

dang greyscale.. !! get your act together

bitcoins do not move to different networks, you will not find bitcoin on other networks

other networks store other units of measure that supposedly represent bitcoin.. but are just pegged to a conversion/redemption/settlement method back to bitcoin via many different ways specific to however those silly networks operate
but those peg/conversions are only as good as the network code of the silly network that supposedly allow/protect the conversion rate

Bep-20 btc
wbtc
liquid lbtc
lightning ln-btc/msat

[list goes on]
are all not actual bitcoins, just pegged representations

some sidechains dont even directly peg and settle back to the bitcoin network via a convert-settlement mechanism independently or cooperatively on the sidechain network. they are needed to be deposited into a business/service who redeems one token to then allow withdrawal via a bitcoin transaction to a bitcoin blockchain address you request

just be sure your doing a withdrawal request of bitcoin to the bitcoin network


[/list]

1btc is not stored in a tx, block or blockchain data as '1btc' at raw data format
a bitcoin (1btc) is an allotment of 100,000,000 units of sats
(gold is a bunch of atoms too)

inside a transaction at raw data level converted to human readable numbers
everything in bitcoin network and transactions is measured in sat numbers then divided to its btc representations

so then looking at a tx of 1btc. in binary.. which is the true real world state it sits physically on a hard drive in:

101111101011110000100000000

so 1btc physically looks like  101111101011110000100000000

or if you were to use a microscope looking at a hard drive platter , at an angle of its horizon

 _   _ _ _ _ _    _   _ _ _ _            _                    
| |_|            |_| |_|         |_ _ _ _| |_ _ _ _ _ _ _ _

as for referencing it on the bitcoin blockchain. in human readable form

you can reference your txid you received 1btc from where its output to your address shows the 100,000,000 at raw tx data level

or even more human translated form on any blockchain explorer/wallet showing you your transaction receipt in btc allotment amount
..

by the way.
gold is just a bunch of atoms too
..

i suspect the topic creator is actually snowshow using yet another alt account. trying to play dumb to introduce himself as an idiot yet again to then try pushing his "bitcoin does not exist " troll game.

i dont believe in history supposedly repeats itself.

but 2022 has felt like 2014 re-run

everything from the mid point of a halving cycle
the previous year being a ATH
exchanges failing year..

if things were to repeat itself we will see stagflation for about 2 years

again

i am not talking about random electric prices
im talking about the MOST EFFICIENT (bottom*) of those random prices

yes im excluding the small scammers of electric thieves..
but real industrial costs(cheaper then residential) rate

yes i say $0.04 rate*
and yes hawaii is $0.40

but those higher prices are the speculative market ABOVE the BOTTOM

if you concentrate on the BOTTOM*. you then find the support for the BOTTOM*

lets see it from another way
milk
if you can find different dairy farmers who can milk a cow and send it out for
$0.18   $0.20 $0.22.... $0.50

you concentrate on the $0.18 and the 0.17 rate alone.. because ITS THE BOTTOM

because its the bottom no farmer on the planet can produce for less than 0.18
 and by the time it gets to market a retailer is market milk for more then $0.18
where by if can swing from anywhere between $0.20 -$0.50 a pint
...

lets go back to discussing bitcoin mining
in 2022
cheap industrial mining is at a low of ~$15k
expensive hobby mining is at a high of ~$90k

so the market price wil wiggle in that window between 15-90
..
last year the expensive hobby mining was at a high of ~$75k
this is where everyone on the planet could mine for less than $75k which is why no one wanted to BUY bitcoin for over $70k as they could get it for less elsewhere.. hence the ATH topped out at $70k

bitcoin would not have gone to $100k because the majority could find it cheaper elsewhere. so there is no support for a $100k ATh last year

opposite is true if you cant acquire it cheaper anywhere else you wont sell for less thus a low barrier of support of people refusing to sell for less

* bottom cost is not:
the scammers that stole free coins and selling at any cost
-because thats not ongoing repeats. its a one time deal and gone
the electric theives
-because they are small/temporary and dont affect the industry majority
the aliens from the future using xenohash asics to prove maths wrong
-because thats not science

bottom cost is
actual rational and sustainable low cost of actual industrial size mining enough to be a push factor of the bottom

not always true

here in the UK we had no connection to russian oil or gas or electric. we are self managing from UK/EU
yet the price hikes in the uk for energy went up from car fuel of £1.30-> £2
where the big fuel/energy companies reported the most profits they made in years

picking cocoa plants and harvesting them into chocolate and sending it from brazil to th eUK has no russian impact either. they are not russian ships or russian fueled. yet again chocolate in the UK jumped massively. and again chocolate businesses are claiming healthy profits


what you actualy find is that when M0 money jumps from 3.5trill to 5.5trill.
everyone sees more money floating around and wants a piece of it

there is no organic COST increase. there is instead a greed increase that raises prices at retail level

yep retail milk prices have increased but local milk farmers income from selling milk has not increased.. in short dont blame the farmer for higher priced milk. blame the retailer for higher profiteering

future plans
if you want to know about ethereum contact vitalik buterin
if you want to know about XRP contact Brad Garlinghouse
if you want to know about bitcoin plans contact adam back and barry silbert

as for question about XRP
pfft its not even a proper decentralised distributed blockchain. might aswell be a bank database at this stage

as for doomad

i can back up my research with data and stats. all you can cry is social drama of quotes from your buddies as proof

oh and your fangirl devotion/defender of a sub-class commercial owned(DCG) network LN.
it has in 5 years only managed to lock in and use as pegged collateral of only 5k btc for its small community of users
yet your idols(DCG) other network Liquid that uses tools like taproot have over 18k btc in taproots

but if all you can do is try to defend corporate products and interests with insults about grammar. well thats on you

future plans: core roadmap
dev idea's centralised around core github moderated bips

main devs sponsored by chaincode labs(us), brinks(uk), blockstream(uk/canada/us)
funding rounds of them 3 revert back to DCG (US)

my point is instead of just throwing a race card at a wall and seeing what sticks. do research on the people involved and follow their careers and sponsors

oh and those involved in bitcoin today. that run he core code protocol plans and the businesses.. are not really founders.. they came in later and popularised bitcoin

less tin foil and less drugs for you sir

you shout russian but then capitalise USA
pick one

bitcoin businesses are mainly US
and the devs of bitcoin are mostly US/EU

pieter wuille - belgium
gmax - american
Gloria Zhao - chinese/america
andrew chow - singapore
Wladimir Van der Laan- holland
fanquake - english

your link and stats of quote are about 51% attacking network hashrate of a block... not the eliptic curve of an address..
just saying

in short one QC is about the same as 1 asic

someone showing a chart. where they just draw a line.. is not evidence
its interesting. but not really anything concrete hard proof of support

you have to use real world metrics to have evidence. not a simple MSpaint doodle line

real support:
the cheapest way to acquire coin in any 6 month*ⁱ period is always the cheapest mining cost on the planet
where by no one wants to sell below the real hard real world cost of the cheapest coin acquisition cost on the planet

so:
calculate the 6mon-2year*ⁱ mining cost. where they have 6mon-2year*ⁱ contracts on electric so are mining constantly for that length. meaning averaging out the hashrate chart by that length too to get the average cost of low cost mining.. this also means calculate the hardware costs of current gen EFFICIENT asic needed to perform network hashrate. where you set them at a 2 year run-til-dead lifecycle

then plot out the costs per period and then you will see a 'step up' of a "bottom" that sits below the market.

yep use data outside the market. using stats found in real world data and cost. .. not just a silly mspaint line drawn on a chart

example math
if an asic was $4k for 140exa 3kwh
if network was 220exa year average(earlier in year)
=1,571,428.571 asics
     =$6,285,714,286 2 year hardware life cost
         =$1,571,428,571 6 month* hardware cost

if electric is base $0.04/kw =$0.12/asic per hour
=$188,571.4286 per hour electric
    =$823,680,000 per 6 month*

coins per block=6.25=164062.5 per 6 month*

=$1,571,428,571+$823,680,000 cost
/164062.5 coins = $14,598.76 cost per coin**
...
emphasis and repeating:
"the cheapest way to acquire coin in any 6 month period is always the cheapest mining cost on the planet"

no one on planet wants to sell below the lowest REAL COST of real world bills on the planet

the public speculative market then has a price above this line. which is speculative due to peoples higher costs and sentiments of their desires(the premium above the value)

* efficient miners do not play to whims of daily hashrate or price changes. they have contracts of 6 months+ so mine constantly.
**miners look at their contract length cost. and the coins acquired in same time scale then calculate individual coin cost from that
ⁱ you can also do it the micro level of just one asic and its daily burn cost and its daily reward slice of sat amount and multiply it to a btc. which again also comes to a near on $15k efficient mining cost

someone showing a chart. where they just draw a line.. is not evidence

you have to use real world metrics to have evidence. not a simple MSpaint doodle line

the cheapest way to acquire coin in any 6 month*ⁱ period is always the cheapest mining cost on the planet

calculate the 6mon-2year*ⁱ mining cost. where they have 6mon-2year*ⁱ contracts on electric so are mining constantly for that length. meaning averaging out the hashrate chart by that length too to get the average cost of low cost mining.. this also means calculate the hardware costs of current gen EFFICIENT asic needed to perform network hashrate. where you set them at a 2 year run-til-dead lifecycle

then plot out the costs per period and then you will see a 'step up' of a "bottom" that sits below the market.

yep use data outside the market. using stats found in real world data and cost. .. not just a silly mspaint line drawn on a chart

example math
if an asic was $4k for 140exa 3kwh
if network was 220exa year average(earlier in year)
=1,571,428.571 asics
     =$6,285,714,286 2 year hardware life cost
         =$1,571,428,571 6 month* hardware cost

if electric is base $0.04/kw =$0.12/asic per hour
=$188,571.4286 per hour electric
    =$823,680,000 per 6 month*

coins per block=6.25=164062.5 per 6 month*

=$1,571,428,571+$823,680,000 cost
/164062.5 coins = $14,598.76 cost per coin**
...
emphasis and repeating:
"the cheapest way to acquire coin in any 6 month period is always the cheapest mining cost on the planet"

no one on planet wants to sell below the lowest REAL COST of real world bills on the planet

the public speculative market then has a price above this line. which is speculative due to peoples higher costs and sentiments of their desires(the premium above the value)

* efficient miners do not play to whims of daily hashrate or price changes. they have contracts of 6 months+ so mine constantly.
**miners look at their contract length cost. and the coins acquired in same time scale then calculate individual coin cost from that
ⁱ you can also do it the micro level of just one asic and its daily burn cost and its daily reward slice of sat amount and multiply it to a btc. which again also comes to a near on $15k efficient mining cost

ok lets tin foil worse case.
(excluding satoshi stash plus possible lost/locked coins ~18m circulation left)

lets use DCG as a example that has fingers in many exchanges
https://dcg.co/portfolio/
coinbase says (sept 30th 2022) ~2m coins
so thats 11% of circulation of coins in just 1 exchange

add in kraken and other exchanges in the portfolio. the DCG does have a substantial heap of coin at its fingertips
ill let you guys calculates the reserves of all those listed in portfolio

here in the UK

in 2021 UK treasury gave real estate developers
£11.5b to build 180k homes FOR FREE which real estate developers can then sell on and keep the money of at a 2x rate of "affordable home" market
(a new home costs about £63k material labour and land cost(wholesale) per home
building 180k of them is 11.5b)

an "affordable home" is £134k on minimum wage
(UK min wage is £1.6k with a mortgage max rate of 35%
=$560 a month. which on a 20 year mortgage is £134k)

so yes real estate get a house for free and sell it for £134k where the real estate developer keeps all the money

...
i say all this. because UK government happily hands out £11.5b for rich estate developers to get richer

but when it comes to the labour budget of emergency services (healthcare and police)
nurse avg income £33k x 360,000nurses = £11.8b
police avg income £29k x 153,000officers = £4.4b

the government refuses to just double nurses pay.. or double the amount of nurses working
which is affordable by just not paying house developers.
refuses to just triple police officers pay or increase number of officers working

refuses to 50% pay rise. refuses 20% refuses even 10% rises..

yet simple maths shows the government can afford it if they simply didnt give free money to rich land developers

CPI is not a prediction of the future.. its a report of the past to present. same with inflation and recession

these reports just say how much
(CPI)consumer goods have already risen by monthly-over the year
(GDP) inflation and recession has happened in last6 months

we have already had 2.9 years of inflation so ofcourse we are now entering a recession(correction) of that inflation of QE

there is however a recession of the non-food CPI (housing prices drop) while a continued inflation of the food-goods CPI
which authorities hope would balance out the overall inflation/recession rate to net 0 rate

yep
yep a drop of house prices by 10%
and an increase of food/bills by 20%.. "supposedly" balances out in authorities eyes
(200k=180k =1000 a year loss on a 20 year investment)..
is a -$1k per capita CPI
vs
($5k food bill a year becoming $6k,)
is a +$1k per capita CPI..

but in normal peoples prospective. home owners just dont sell at a loss but everyone is still feeling the extra $1k added to food bill

lie detectors are not evidence. they are just a psychological trick to get people to admit to things.

SBF is playing dumb to avoid admitting to crimes. its not the case of actually not knowing. its instead being creative about what to admit/say to atleast make it worth being interviewed for his multiple cash-paid speaking tours he is doing, to cover the costs of paying his lawyers

after all a good lawyer would not advise anyone to go on a interview-tour, unless its the noly way the lawyer is going to get paid now SBF's personal accounts are frozen

i dont like o'leary. but from a legal stance i can understand that he cannot really drop the ball and say SBF scammed him and say SBF is a scammer voluntarily in public. because saying SBF is a scammer. is o'leary pleading guilty to advertising a scam. meaning jailtime or high price fine for o'leary

unbiased, i can understand o'leary wanting to avoid jailtime by not wanting to just out himself as a advertiser of a scammer
take all the other celebrities that would rather 'settle' out of court than plead guilty to advertising scam coins and ICO's

im sure o'leary testifying in congress is not simply a character reference of ass kissing SBF.
o'leary already admitted that his own "due diligence" of SBF was just hearsay of others vouching for him and no internal audit or skills testing of SBF to see if he really is any good at securing funds

im sure authorities would have done a deal to exonerate/absolve o'leary of any advertising a scammer charges if he testifies against o'leary. but lets see whats said when he testifies


when bahamas authorities freeze your domestic personal bank accounts and he stupidly had some assets in his company which are now locked into bankruptcy administration..
when he cant 'spend his retirement secret stash as thats criminal.. so has to plead poverty of access to less than $100k to survive on.. whats left..
.. oh yea a media tour cash speaking jobs, after all lawyers are not cheap

someone that doesnt read books or walls of text, never does good research. they instead cheat using google or paying someone for an answer to get their degree or "education" into any skill

as for the senate threat.
the senate want to get SBF to come to america(handcuff opportunity). where as he can simply 'remote-attend' via a skype/zoom call

as for questions about how funds were moved. enough info has been revealed already

funds were co mingled into a single wallet. staff and partners had wallet access because all they needed was a thumbs up cell phone text from SBF to do any transfers

even the in exchange balance of customers was treated that his partner businesses were 'customers' of the exchange. and wallet key access player of the reserves on the blockchain(s). so manipulating both internal balance and also real coin holdings was childsplay

its not just fraud of customer funds,
its not just breach of contract of customer user agreement/contract
its also insider-trading, laundering, false accounting, tax evasion, the list goes on

SBF definitely would have had legal advice to not physically enter the US. and its why his parents moved out of the US in the last month

well you started with a chefs kiss
the link says about:
counter-intuitive relationships
pervasive phenomenon

it has pictures of a female playing with a guys balls, and tugging and measuring on a guys dangly thing

im just using the subject media handed to me

you also may not have grasped the purpose of the analogy (the underlying point) and instead you just got emotional about the graphic detail of the analogy