Evo vam bitcoinaši jedan članak koji opisuje Nakamotov izum onakvim kakav zaista jest - društvena igra. Pošto postoji puno dezinformacija o tome što je taj lik ustvari izmislio ovo će vam dobro doći.

Sažetak

Ekonomija je sustav proizvodnje i razmjene resursa. Novac je specifična vrsta resursa koja ima značajke poput trajnosti, prenosivosti, djeljivosti, uniformnosti i prihvatljivosti. Godine 2008. osoba ili grupa pod imenom Satoshi Nakamoto navodno je izmislila sustav plaćanja koji proizvodi i razmjenjuje novac u obliku elektroničkih kovanica, općenito poznatih kao “bitcoini”. Ovdje ćemo koristiti Nakamotovu vlastitu definiciju kovanica kako bismo pokazali da on nije izmislio navedeni sustav, nego društvenu igru. U toj igri, kriptografski potpisane numeričke atribucije zapisuju se u distribuiranu bazu podataka naziva “blockchain”. Taj zapis simulira evidentiranje količina kakvo se provodi kod proizvodnje ili razmjene resursa. Kako Nakamotov izum ne proizvodi i ne razmjenjuje resurse, to ga čini igrom u stilu Monopolija, a ne nečim što ima veze s ekonomijom i novcem.

Članak se nalazi ovdje: https://btcigra.wordpress.com/

Abstract

Economy is a pretty simple concept - it is a system for producing and exchanging resources. Money is also a simple concept - it is a specific type of resource that has features like durability, portability, divisibility, uniformity, and acceptability. In 2008, a person or group under the identity Satoshi Nakamoto, allegedly invented a payment system that exchanges its own  money in the form of electronic coins, generally known as bitcoins. Here, we will use Nakamoto's own definition of coins in order to demonstrate that they invented no such system. Instead, they invented a payment simulator. In this simulator, cryptographically signed numeric attributions are recorded into a distributed database called "blockchain". This mimics the recording of quantity that occurs when resources are produced or exchanged through economic activity. Given that Nakamoto's invention neither produces nor exchanges resources, this makes it a simulator, a Monopoly-style game, and not something that relates to real money or economy.

Here you can read the article: https://btcsim.wordpress.com/

Abstract

Both in academic and public discourse, bitcoin(₿) is mainly presented as money. This is grossly misleading, and it creates misconception about what bitcoin actually is. Here, we will use the definition of bitcoin given by the bitcoin creator themselves, to show that bitcoin is not money, but a common record freely available to everyone. That record serves a single purpose: to grant people access to a chain distributor scheme where participants, after making investments, cannot get anything back without “distributors”. Distributors are new participants who supply the resources to existing participants and enable them to return the investments. Given that the Bitcoin system consumes an enormous amount of energy and technical resources, while in the same time produces nothing and transacts with nothing, this makes it the most nonsensical invention ever.

The article is here: https://btcfarce.wordpress.com/

Where did people get the idea that bitcoin exists, given all we see are numbers send to their addresses via Nakamoto's communication system?  If someone sent "5" to me via SMS, and write "Porsche" next to it, that doesn't mean I now own 5 spot cars. By what logic did people conclude that just because they received numbers, and see "BTC" in their wallet apps, they own BTC or bitcoin?

[tl;dr]

tl;dr
Bitcoin and crypto are simple online scams in the form of the systems for creating the illusion of assets(money). The illusion is created by misusing the concept of quantity and name. Quantity and name are representations of assets,  written on invoices, orders, accounts, deposits, banknots,... when assets such as debt, equity, commodity, real estate... are transferred between people. By writing down numbers and names, the crypto systems create the illusion of assets(money). In that way, they deceive people and trick them out of their real assets.

Video version: https://youtu.be/5k2n3dfK-zI

Long version:
Bitcoin is the name that pops up a lot in the last ten years. You see it on social media, television, newspapers, magazines, books. Your friends talk about it. Colleagues, politicians, businessmen and celebrities as well. People refer to this name as the money of the internet,  digital asset, or gold 2.0. Some view it as a revolution. Others, as freedom.

But here's the news. It's all just an illusion. A mere narrative. Disinformation and misinformation. There's no digital asset, no money no revolution and no freedom. All there is, is a simple online scam. A scam in the form of a system for creating the illusion of digital asset. The system is designed for one purpose and one purpose only. To trick people out of their money. We will now explain how the scam operates. But first some insight.

Whenever an asset is transferred between people, this is represented by quantity and name. These are recorded on invoices, orders, accounts, certificates, banknotes and so on. However, in many cases, people don't even see the asset that is being transferred. They just see quantity and name. For example, if you buy 100 shares of Tesla, you will see only the number 100 and the name TSLA written on brokerage account. Moreover, in some cases, people don't even know that the asset exists. The perfect example of this is fiat money. When you ask an average person what is fiat money they will answer what they see. So, they will answer: "fiat money is numbers on banknotes or deposit accounts."

But in reality, fiat money is a debt-based asset. Numbers, on the other hand, just represent asset quantity.  Meaning, when people hold banknotes or deposits, the borrowers owe them economic benefits in the form of goods, services and labor. The holders invested these benefits in banknotes or deposits, that were put in circulation with loans. And that is why, borrowers are forced (via mortgages and other liens) to trade goods, services or labor with the holders, to be able to repay the loans. In that way, borrowers settle the debt to the holders. But given that in the markets, people don't know which sellers are borrowers, they are not even aware that debt was settled to them. They are also not aware, that after such settlement banknotes or deposits went out of circulation. Due to this ignorance, people have misconceptions about fiat money.

With that in mind, now imagine a scammer. They don't own any asset. Which is why they want to get their hands on other people's assets. This scammer knows what we just described. They know that in the transactions, people often don't see the assets that are being transferred, but just numbers and names. So the scammer comes up with an idea. They will set up a system for creating the illusion of asset. The system will write down numbers and in that way people will be deceived that there's an actual quantity behind them. To complete the deception, the name is also needed. So, the scammer does the following. First they produce a name: "Bitcoin". Then, a number: "21 million". With the name, the scammer will create the illusion of asset's existence. And with the number, the illusion of asset's quantity. Then they set up a system with a database. The system will record the units of their imagined quantity next to the virtual addresses of people. Due to anonymity, no one would know how many addresses are associated with the scammer. Prior to seting up the system the scammer wrote a paper. In that paper they declared that whenever a number will be attributed to an address, that means that the address holder received bitcoins in the attributed quantity. Now the scammer has both ingredients needed to create the illusion of asset: quantity and name. Finally, in order to amplify the illusion, the scammer builds into the system a cryptographic protection of numbers. Because obviously, "the asset" needs to be protected. And now, the illusion is complete. All the scammer has to do now is wait for people naive enough to fall for his scam and start trading their real assets for the illusory (nonexistent) one.

Now, you would think, this scam is too obvious. No one will fall for it. Well, you would be wrong. The system that we described is of course not imagined. It is real. The scammer is called Satoshi Nakamoto.  And there is a whole army of naive and gullible people that fell for his scam. Not only that, some were even giving up  $70,000 worth of real assets, for one unit of Satoshi's nonexistent one. Others believe that Satoshi's system could be the start of a bigger revolution than the Internet itself. Books and articles are written about this revolution. Passionate believers organize conferences and events to talk about the system, or to celebrate it as if it is a gift from the sky. People even say that it might be the only thing that can save humanity. It is literally unbelievable, that a simple online scam was elevated nearly to the level of deity.

When other scammers saw how naive people are, and how easy is to trick them out of their money, they also started producing systems for creating the illusion of asset. The illusions, produced by these systems are known by the name "cryptocurrencies". And are now popping up all over the place like mushrooms after rain.

Traditional scams, which created the illusion of lucrative businesses or revolutionary products to trick people out of their money, are obsolete. So the scammers came up with new and sophisticated ones, which create the illusion of revolutionary money or digital assets. It is mind boggling how easy people fall for them. But hey, in was not in vain when Albert Einstein said: "Two things are infinite: the universe and human stupidity; and I’m not sure about the universe."

Satoshi Nakamoto is the identity used by the unknown person or people that in the year 2008., authored the Bitcoin Whitepaper. In that paper, they claimed: “We have proposed a system for electronic transactions…” Basically, they claimed to have come up with a payment system that uses its own digital money. However, that was not true. What they came up with is a system that transfers numbers and stores them in a distributed database called blockchain. That system is completely void of money or any other resources. And all it provided the public with, is access to a global pyramid scheme. Or maybe a Ponzi scheme, depending on whether Nakamoto made false claims due to ignorance or intention and profited from that. Wich is unknown due to anonymity. But regardless, Nakamoto’s false claims fooled many people around the world and made them to invest in the system. Once they are in, the only possible way to get out, is through new investors. And that’s obviously not a payment system, but a pyramid-like scheme. In the payment systems, people trade one type of resource for another and are not dependent on the whims and wishes of new investors to join the system and bring the resources in. Here, we will first address one false claim in the Bitcoin Whitepaper, which became the bases for the whole misconception of Nakamoto’s system being a payment system. Then we will refute the myth of this system being some kind of alternative to the banking system, which is often advertised by the propagators of Nakamoto’s work. Finally, we will show that the pyramid scheme accessed via this system is an extremely negative-sum game, which makes it far worse than all prior pyramid schemes.

Often, when people own resources, numbers are written on some paper or digital media to represent the quantity of those resources. For example. "100 TSLA" written on a brokerage account means that someone owns one hundred shares in Tesla company. "100 USD" written on a banknote or bank account, means that someone owns one hundred units of debt created in the US banking system. And "100 acres" written on a title certificate, means that someone owns one hundred units of land. Here, company, debt, and land are resources, while the number "100" is an auxiliary means for representing the quantity of resources. That means that in the transactions, we transfer the ownership of resources, and use numbers to represent the quantity of those resources. What Satoshi Nakamoto did, is came up with a system that transfers numbers, but a resource whose quantity those numbers are supposed to represent, does not exist. Instead, it is imaginary. It only has a name - bitcoin (BTC). And it emerged in the Bitcoin Whitepaper, through a false claim of the author. Namely, Nakamoto claimed that the transfer of numbers in the system is actually the "transfer of coins" (digital coins). They essentially claimed that whenever someone gets a number transferred to their address, they become the owner of a digital resource in the quantity represented with the number. The supposed resource was given the above-mentioned name - bitcoin. The generic terms for bitcoin are "cryptocurrency", "virtual commodity", "electronic cash", "digital asset", "digital money", etc. When one reads "100 BTC" in their wallet application, they supposedly own one hundred units of a digital resource. But as we have said, that resource is only imaginary. Let's perform a simple experiment to demonstrate this. Suppose one person has the number "0.01" in their wallet application, and the other "100". If those numbers were representing the quantity of a digital resource, then the second person should be able to show 10,000 (100/0.01) times more digital bits in their possession, than the first one. Because, all digital resources are composed of digital bits - 0 and 1. And they occupy memory space. Yet, there's no 10,000 times bigger memory space in Nakamoto's system, reserved for the second person and occupied with digital bits. Both persons have only numbers next to their addresses. And those numbers occupy nearly the same memory space in the blockchain. Other components of the system are protocols and software for cryptographic verification of transfers, the network of nodes for performing the verifications, and wallet applications for making the transfers. Therefore, nowhere in the Bitcoin system is there any digital resource called bitcoin. Consequently, there aren't any bitcoin transactions. There aren't any payments. There aren't any "transfers of coins", as claimed in the Bitcoin Whitepaper. All there is, are transfers of numbers. These numbers create the illusion of quantity and fool the people into believing that they are buying a digital resource. While in reality, they are buying nothing. The resource is only imaginary. It is no wonder then, that existing investors can return their investment of resources only from the resources contributed by new investors. Hence, just like in all pyramid schemes.

Given that the Bitcoin system is a mere means for accessing a pyramid scheme, the existing investors, naturally, want to lure new investors into the scheme. That  gave rise to a whole range of myths and misconceptions. One of the often advertised myths is that the Bitcoin system is an alternative to the banking system. This is, besides being nonsensical, pretty comical, given that the latter system manages a real resource, while the former an imaginary one. Namely, when banks grant loans to borrowers, and in that way create debt (a resource), they use numbers, generally known as fiat money, to represent the quantity of that debt. Then, market participants invest in the created debt by trading their resources with borrowers for fiat money. That is, for numbers written on banknotes or bank accounts. In that way, the participants become debt owners. Debt ownership then changes hands on the market. But of course, the nature of debt is that it needs to be paid. Meaning, the borrowers must return resources back to debt owners. That’s after all the reason why the banks use mortgages and other liens to force them to repay their loans. In order to repay their loans, the borrowers must work for people that have fiat money, or sell them products and services. In that way, the borrowers get the money for loan repayments and in the same time return the resources back to people that invested in debt. Basically, they pay the debt to debt owners. Then, they take the received fiat money to the banks as evidence that debt has been paid. The banks then liquidate part of their loans. The process repeats until the loans are paid off. If the borrowers default on their loans, the banks will foreclose their mortgages and sell the properties to those that have fiat money. That’s because fiat money is a legal liability of the banks, and the banks must withdraw it from the market to liquidate the unpaid loans. Hence, in the banking system numbers are used for representing the quantity of a real resource - debt. And it is this resource what enables fiat money holders, who invested in that debt, to return their investments. On the other hand, the Bitcoin system uses numbers for creating the illusion of a resource, given that no resource exists in this system. That's why the idea of Bitcoin system being some kind of alternative to the banking system is just a myth. And it belongs to Bitcoin propaganda that has the purpose to lure new investors into the scheme.

Interestingly, Bitcoin propaganda was very successful. It caused two mind-boggling things to happen. First, it pumped up the price of imaginary bitcoin from zero, to a high of $70,000, with the current price around $20,000. Second, it made the crypto industry to pop up. This industry makes huge profits from the most nonsensical human activity ever - buying and selling imaginary assets. Through the crypto systems people simply receive numbers on their addresses, and then they imagine owning digital assets in the quantity indicated with these numbers. Then, they advertise this as some kind of revolution and make others to pay even more for receiving the same numbers. At every such transfer of numbers, participants pay fees to brokers. Basically, they pay fees for joining or leaving pyramid schemes. Which is pretty absurd. It is one thing to pay fees for transferring the ownership of resources, which is what happens in real economic transactions. However, paying fees for entering schemes where people are forced to wait for new investors to get out is indeed pretty absurd. But that's not all. In order to keep the pyramid schemes alive, significant investments in computer hardware are required and enormous amounts of electricity are spent. For example, the analysis by Cambridge University showed that the Bitcoin system uses more electricity annually than the whole of Argentina. Besides spending so much electricity only for accessing a pyramid scheme is an insane waste of energy, it also makes the bitcoin pyramid an extremely negative-sum game. In prior pyramid schemes, the participants collectively lost nothing, given that the amounts won by ones were equal to the combined losses of others. In other words, people didn't pay fees to brokers, expensive computer hardware, and  giant electricity bills just for participating in pyramid schemes. Those schemes were therefore zero-sum games. But in the bitcoin pyramid scheme, the participants collectively lose what they are paying for fees to brokers, computer hardware, and electricity. Which makes this scheme an extremely negative-sum game.

To conclude. Satoshi Nakamoto fooled the world by promising people revolutionary digital money in the Bitcoin Whitepaper, but delivering them a system for accessing an extremely negative-sum pyramid scheme.

Source: https://btcfraud.wordpress.com/