How Satoshi Nakamoto Fooled the World

[DaveF]

Can anyone remember what was the username of the guy that wanted to let all of us know that Bitcoin doesn't exist? I can't remember but I have a feeling he got banned and that's why Snowshow appeared.

There have been a few. They all failed and left. Someone posted these before but there are many more alts of this person:

fxsurfer [who was banned]: https://bitcointalk.org/index.php?action=profile;threads;u=1188943;sa=showPosts
antikvark: https://bitcointalk.org/index.php?action=profile;threads;u=2678368;sa=showPosts
Antithesis: https://bitcointalk.org/index.php?action=profile;threads;u=3336205;sa=showPosts

It's tough to figure out if they are just a troll or to poor and living in their mom's basement to even afford 1 doge or just a nutjob fanatic who's cult leader does not like BTC or just someone who bought onecoin back in the day and is bitter about it.

-Dave

[1714799433]

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[Snowshow]

So you would want people banned for telling the truth?

No, I didn't say that anyone should be banned. I was stating the fact that I can't find the thread we were discussing last week. I guess that the OP of that thread got banned and thread deleted for whatever reason. And I also stated the obvious fact that you showed up at the same time that thread got deleted. Interesting...

So, you have a theory on forum users... while the guy below wants to investigate forum users. But, why are you trolling this topic with your personal stuff?

Can anyone remember what was the username of the guy that wanted to let all of us know that Bitcoin doesn't exist? I can't remember but I have a feeling he got banned and that's why Snowshow appeared.

There have been a few. They all failed and left. Someone posted these before but there are many more alts of this person:

fxsurfer [who was banned]: https://bitcointalk.org/index.php?action=profile;threads;u=1188943;sa=showPosts
antikvark: https://bitcointalk.org/index.php?action=profile;threads;u=2678368;sa=showPosts
Antithesis: https://bitcointalk.org/index.php?action=profile;threads;u=3336205;sa=showPosts

It's tough to figure out if they are just a troll or to poor and living in their mom's basement to even afford 1 doge or just a nutjob fanatic who's cult leader does not like BTC or just someone who bought onecoin back in the day and is bitter about it.

-Dave

Putting you private investigation aside, saying that Zeus is not real doesn't mean that you don't like Zeus. That would be stupid, given you're saying it's not real. Saying that something is not real simply means that no evidence exist that would prove the existence of that thing. The same is with Bitcoin. There's no evidence that this coin exists. In the Satoshi's scheme all you get is a number changed when you pay money. No coins, no assets, nothing digital or physical to show. So no evidence exists that Bitcoin is real. Bitcoin is just a folklore genre consisting of narratives. It exists only as the product of human fantasy.

[BlackHatCoiner]

Satoshi is a lying bastard, we're all idiots who use something that doesn't exist, you're a very smart person who has never had alt accounts. Have I forgotten anything? Oh, right, and debt-based broken money FTW.

Can you get the hell outta here now?

[buwaytress]

Bitcoin's definitely not real, why else would people come in every now and then to say it's not, right?

Besides, what matters isn't if it's real but if it has an impact and an effect. Us talking here is evidence it has both.

It's tough to figure out if they are just a troll or to poor and living in their mom's basement to even afford 1 doge or just a nutjob fanatic who's cult leader does not like BTC or just someone who bought onecoin back in the day and is bitter about it.

-Dave

Or all of those things. I always say we need them as much as them Bitcoin evangelists. World needs to go around and we're not going to do it all by our lonesome selves.

Every attack makes Bitcoin stronger. No attacks no strength, yeah?

Why do I sound so bad trying to be so wise?

[Snowshow]

Satoshi is a lying bastard, we're all idiots who use something that doesn't exist, you're a very smart person who has never had alt accounts. Have I forgotten anything? Oh, right, and debt-based broken money FTW.

Can you get the hell outta here now?

If this topic is disturbing your inner peace it's better for you not to visit it.

Bitcoin's definitely not real, why else would people come in every now and then to say it's not, right?

Besides, what matters isn't if it's real but if it has an impact and an effect. Us talking here is evidence it has both.

What is the effect of giving someone real things because you believe unreal things are real? You download some app, pay $45K to get 0 changed to 1 and then you believe that you have a piece of something that's not real? What's the purpose of that?

[Davidvictorson]

EDIT: I started this topic by claiming that Bitcoin is a message similar to SMS, email, etc. But, through the discussion here I realized that this is misleading. Because, Bitcoin is actually not real. It doesn't exist. It doesn't exist like Greek gods don't exist. The reason is simple: whoever enters the Satoshi's system recieves no coins, no bit-coins.  No assets, no money. Nothing tangible nor intangible. Nothing physical nor digital. Instead, people are just paying for numbers to be changed next to their addresses. In economics, a transaction is an instance of buying or selling something. A payment is an instance of transferring a thing that was bought or sold. In the Satoshi's system nothing is bought or sold. Nothing is transferred. Only numbers are changed next to the addresses. So, Bitcoin doesn't exist and the Satoshi's system is not actually a payment system, but a system for changing, storing and protecting numbers.

Satoshi Nacamoto, is probably someone who lacks education or knowledge in finance and economics. For that reason, he wrote a paper in which he falsely assumed that changing numbers is equivalent of performing transactions or payments. Then, people took his paper at face value. They took it without actually questioning or doubting what was written. This lead to the creation of a religious like belief that revolutionary coin came to Earth to free us from corporations and governments.  Given that we live in the age of internet,  the believe was quickly spread throughout the world. As a consequence, people across the globe now believe that they are buying something very precious and scarce. And that the blockchain is an important place where that precious and scarce thing is kept.  While in reality, only numbers attached to the addresses exist. There's no scarcity, but arbitrarily predefined maximum sum of numbers next to the addresses. And the blockchain is nothing important but just a giant database where numeric changes are stored. So a revolutionary digital coin called Bitcoin is not something that is real. It's simply, a myth.

Here's a more detailed explanation: https://youtu.be/jcraRM6vblQ

Well, I love dissenting opinions because it shape arguments or opinions. The poster's point of argument is as well as others who are opposing it. Possibly, the op is one who has read extensively in finance and economics and is quite conservative. It doesn't mean he is wrong. I feel that if the op can keep an open mind about Bitcoin and Satoshi for a split second, he or she might get to understand the concept of cryptocurrencies and may even be a proponent of it.

[BlackHatCoiner]

If this topic is disturbing your inner peace it's better for you not to visit it.

I'm interested in the Bitcoin Discussion board, but your shit thread keeps coming up.

It doesn't mean he is wrong.

It depends on how you understand incorrectness. If you take the time to read the entire thread, which is not recommended unless you have nothing better to do, you'll realize that he's an obtuse who thinks he's proved that every crypto user, from regular forum users to geniuses, have gone nuts.

He's also a sock puppet[1][2][3].

[1] Antithesis
[2] antikvark
[3] fxsurfer

[Snowshow]

Well, I love dissenting opinions because it shape arguments or opinions. The poster's point of argument is as well as others who are opposing it. Possibly, the op is one who has read extensively in finance and economics and is quite conservative. It doesn't mean he is wrong. I feel that if the op can keep an open mind about Bitcoin and Satoshi for a split second, he or she might get to understand the concept of cryptocurrencies and may even be a proponent of it.

Well, I keep an open mind. That's why I am saying what I am saying. And of course, I cannot be the proponent of something I have never ever saw. I see people showing me their mobile apps, with some numbers on the screen. Sometimes these numbers are zero sometimes greater than zero. They say that they paid money to have the latter. But they have never ever showed me some digital coins in the quantity indicated with these numbers. Then I see people who spend electricity to keep the system running. They say they are paid for their investment of electricity with bitcoins. But again, all they are able to show me are those numbers that change in their mobile apps. No bitcoins, no coins, no assets, nothing digital, nothing tangible or intangible in their possession. So, I see people participating in a scheme where they're paying money or spending electricity to get numbers changed in their mobile apps. A I see people fantasizing about some valuable, precious and scarce coins that no one ever saw.

I'm interested in the Bitcoin Discussion board, but your shit thread keeps coming up.

I have a single thread. This one. If you're upset by it you're free not to participate here.

[SpenserReed]

Only numbers are changed next to the addresses. So, Bitcoin doesn't exist and the Satoshi's system is not actually a payment system, but a system for changing, storing and protecting numbers.

By your logic, digital banking is also a myth?

[Sebas.tian]

Can anyone remember what was the username of the guy that wanted to let all of us know that Bitcoin doesn't exist? I can't remember but I have a feeling he got banned and that's why Snowshow appeared.

I think, he will definitely realize that bitcoin exist because bitcoin has done a lot of things in the land of those that made it legalized. Many countries has made bitcoin legal in their environment because bitcoin can do what fiat money can do in their businesses and also eliminate errors from their transaction so that their transaction will be safe and secure. I believe snowshow will accept that bitcoin exist in the world and is real to help the world to reduce unemployment and eliminate bad economy from our land. Bitcoin is a decentralized currency that came to stay forever for people to be free from poverty and errors in transaction.

[uneng]

Well, I love dissenting opinions because it shape arguments or opinions. The poster's point of argument is as well as others who are opposing it. Possibly, the op is one who has read extensively in finance and economics and is quite conservative. It doesn't mean he is wrong. I feel that if the op can keep an open mind about Bitcoin and Satoshi for a split second, he or she might get to understand the concept of cryptocurrencies and may even be a proponent of it.

Well, I keep an open mind. That's why I am saying what I am saying. And of course, I cannot be the proponent of something I have never ever saw. I see people showing me their mobile apps, with some numbers on the screen. Sometimes these numbers are zero sometimes greater than zero. They say that they paid money to have the latter. But they have never ever showed me some digital coins in the quantity indicated with these numbers. Then I see people who spend electricity to keep the system running. They say they are paid for their investment of electricity with bitcoins. But again, all they are able to show me are those numbers that change in their mobile apps. No bitcoins, no coins, no assets, nothing digital, nothing tangible or intangible in their possession. So, I see people participating in a scheme where they're paying money or spending electricity to get numbers changed in their mobile apps. A I see people fantasizing about some valuable, precious and scarce coins that no one ever saw.

Drawing an analogy, if people are only paying money to get numbers changed in their digital wallets, I think I could say we work in our daily life to earn paper, when being paid in fiat. And that fiat doesn't exist at all, it's just paper which contains numbers and people are wasting their time working, because you know, it's just paper... Therefore maybe money doesn't exist, all the forms of money are just numbers written in blank notes created by men who didn't know what they were doing and didn't have any knowledge about how an efficient economical system works...

Being so extremist, only a plain and simple barter system would make sense.

[Dunamisx]

i wonder what OP of this thread was thinking when he said all that he mentioned from his first post, well i think he needs to go and read lto understand what bitcoin truly is, Satoshi sat down to implement work on a better financial system that makes life more easy at it best in the economy and the whole world see this and believe because its a digital decentralized currency, you can make payment with it, secure your financial assets and investments and yet OP still in doubts about bitcoin, adoption is an option but it will be a thing of regret if in some couple of years bitcoin turns beyond their imagination, then such people like this would have realized their mistakes when it is too late.

[Snowshow]

Bitcoin is real, but Bitcoin is not fake. Bitcoin is a digital currency that is created, stored and exchanged in digital wallets and traded on virtual exchanges. Bitcoins are not printed, like dollars or euros – they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. The digital coins are then stored in online wallets, or traded on exchanges, to be spent by the owners.

If bitcoin is real and valuable, then why people must exist the bitcoin system in order to benefit? And enter, for example, into the fiat currency system? The very fact that people must exist the system to be able to benefit, proves that bitcoin is not real. If a system contains a real thing, people are able to benefit within the system. Nobody within the bitcoin system is able to benefit, which is why, they must run into other systems that contain for example debt( fiat currencies/bonds), commodities, equity (stocks), products, real estate, etc. Bitcoin is a scam in which you must invest something real, and then wait for new buyers or investors to save you from that scam.

[m2017]

Bitcoin is a scam in which you must invest something real, and then wait for new buyers or investors to save you from that scam.

Doesn't the same thing happen in the stock market? Those who bought N-company shares for $1 are waiting for the opportunity to sell for $100-1000 to new investors. You don't call it a scam. Why? Just because the system that exists in the stock market has long been formed? And between what is there, what is here, systematically, the same thing happens, if we consider investing.

No assets, no money. Nothing tangible nor intangible. Nothing physical nor digital. Instead, people are just paying for numbers to be changed next to their addresses. In economics, a transaction is an instance of buying or selling something. A payment is an instance of transferring a thing that was bought or sold. In the Satoshi's system nothing is bought or sold. Nothing is transferred. Only numbers are changed next to the addresses. So, Bitcoin doesn't exist and the Satoshi's system is not actually a payment system, but a system for changing, storing and protecting numbers.

The same thing happens in the traditional banking system. When using an electronic money transfer, nothing is transmitted from the sender to the recipient, only information in the form of 1 and 0. Nothing is physically transferred. Or when buying in cash, a piece of paper is physically transferred. What is the value of a piece of paper? Why is this piece of paper better than a piece of toilet paper roll? Yes, nothing. The only difference is the faith people put into the paper printed by the central banks.

Question for Snowshow. If you think bitcoin is a scam, then what don't you consider a scam? Traditional banking system?

[hZti]

If bitcoin is real and valuable, then why people must exist the bitcoin system in order to benefit? And enter, for example, into the fiat currency system?

Imagine a piece of gold. If you buy it you can also only hope someone else will buy it again from you. Otherwise there is no value in it. Yes you can look at it, but you can also look at the numbers in your bitcoin wallet. Also you can fabricate something from the pice of gold, but 99.9% of the owners of gold will never do it. So is gold also a scam sceme? Or you tell me if at some point there are no buyers for gold anymore, everyone can just start to produce microcontrolers in their garage from it?

[Snowshow]

Bitcoin is a scam in which you must invest something real, and then wait for new buyers or investors to save you from that scam.

Doesn't the same thing happen in the stock market? Those who bought N-company shares for $1 are waiting for the opportunity to sell for $100-1000 to new investors. You don't call it a scam. Why? Just because the system that exists in the stock market has long been formed? And between what is there, what is here, systematically, the same thing happens, if we consider investing.

No assets, no money. Nothing tangible nor intangible. Nothing physical nor digital. Instead, people are just paying for numbers to be changed next to their addresses. In economics, a transaction is an instance of buying or selling something. A payment is an instance of transferring a thing that was bought or sold. In the Satoshi's system nothing is bought or sold. Nothing is transferred. Only numbers are changed next to the addresses. So, Bitcoin doesn't exist and the Satoshi's system is not actually a payment system, but a system for changing, storing and protecting numbers.

The same thing happens in the traditional banking system. When using an electronic money transfer, nothing is transmitted from the sender to the recipient, only information in the form of 1 and 0. Nothing is physically transferred. Or when buying in cash, a piece of paper is physically transferred. What is the value of a piece of paper? Why is this piece of paper better than a piece of toilet paper roll? Yes, nothing. The only difference is the faith people put into the paper printed by the central banks.

Question for Snowshow. If you think bitcoin is a scam, then what don't you consider a scam? Traditional banking system?

Traditional banking system contains debt. From debt people benefit when debt is paid. The banks grant loans to borrowers, loans are used to get people's goods, services and labor, and then the borrowers return those back to people to be able to get money for their loan repayments. So, in the traditional banking system people benefit from within the system. Meaning, borrowers, which are part of the system, provide them goods, services and labor.

In the system that contains equity/capital (stocks) people benefit because capital produces goods and services, or on their own, this capital can be used to satisfy human needs(real estate for example). So here as well, people are able to benefit from within the system.

However, in the case of bitcoin system no one is able to benefit from within that system, and, the same as members of all investment frauds, people must exist the bitcoin system to be able to benefit. They need new buyers or investors, who will give them access (banknotes/bank deposits/stocks) to traditional banking system or equity system where they can benefit as explained above.

[hZti]

Dude are you mentally ill? How do you think that people are only able to buy something or give something a value if it contains debt that was payed in advance.

[Snowshow]

Dude are you mentally ill? How do you think that people are only able to buy something or give something a value if it contains debt that was payed in advance.

Don't insult people because you don't understand how the banking system operates.

[Snowshow]

If bitcoin is real and valuable, then why people must exist the bitcoin system in order to benefit? And enter, for example, into the fiat currency system?

Imagine a piece of gold. If you buy it you can also only hope someone else will buy it again from you. Otherwise there is no value in it. Yes you can look at it, but you can also look at the numbers in your bitcoin wallet. Also you can fabricate something from the pice of gold, but 99.9% of the owners of gold will never do it. So is gold also a scam sceme? Or you tell me if at some point there are no buyers for gold anymore, everyone can just start to produce microcontrolers in their garage from it?

The level of your stupidity is stunning. How can a metal be a scam? You insult others but it is you who is mentally ill.

[hZti]

It was not meant to be an insult but an actual question. How can you come to an forum that for 13 years discusses about the benefits of bitcoin and start to fight everyone. This to me can only have a few reasons and none of them are good for you 
Anyways, even if you don't believe bitcoin is a banking system wich you can argue. Still people can see a value in the benefits it offers. If you can't see the benefits it offers it is your problem.