How Satoshi Nakamoto Fooled the World

[darkv0rt3x]

There's one problem with all this. There's no economic resource in the bitcoin system, so there's nothing to confiscate, counterfeit or put in trust. Meaning, people are just transferring the info on how many units in the scheme with zero economic resources they have. This is like having a losing lottery ticket, have 21 million ownership stakes in that ticket and all that people do is transferring and storing the info about how many stakes someone has or has had. There's nothing to confiscate, counterfeit or put in trust here, given that the ticket is a losing one and grants access to nothing. So, why would you spend time and energy on transferring and storing info on these stakes? It's a complete nonsense. That's the essence of the whole bitcoin system. It's the dumbest thing ever created. People are spending enormous amounts of energy only to store and transfer the info on how many stakes in nothing they have or had.

You are quite wrong and saying things non-sense non-stop.
What you miss is that the paradigm changed. You say there are no economic resources but you mean that you can't find the same economic resources in Bitcoin as the ones you find in gold. Well, you're completely wrong. Bitcoin has the same and even more, but in a digital way. This is the bit that makes all the difference and you just blindly chose not to acknowledge it.
For people like you, the old saying fits like a glove: HFSP.

Yet let's compare some of those properties that makes money, a sound money, using the most common examples, gold and Bitcoin:

Both are quite hard to increase supply (which is good)
Both lasts (theoretically) for ever (which is good)
These are only 2 examples of properties they share. There are others like portability, divisibility that only Bitcoin excels at, and others like sovereignty, privacy, anonymity, decentralisation, etc that are required so that a sound money can be seen as such.

All your messages also fail to enlighten us about what you defend after all. Is that the fiat system? Centralised bullshit that you blindly eat without any contestation whatsoever? If so, you're even worse than what I initially thought!

The fact that there is nothing to confiscate with Bitcoin is rather good. Improves your sovereignty and protects your intellectual and private property, however you seem to completely discard this. You seem to like to be controlled in every aspect of your live as a human being. Sad!

Tell us what the hell you defend so that we can also judge it and do differently than you do which is to make up things to get some attention, post count and eventually merit points! Keep up!

[1714226109]

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[Snowshow]

There's one problem with all this. There's no economic resource in the bitcoin system, so there's nothing to confiscate, counterfeit or put in trust. Meaning, people are just transferring the info on how many units in the scheme with zero economic resources they have. This is like having a losing lottery ticket, have 21 million ownership stakes in that ticket and all that people do is transferring and storing the info about how many stakes someone has or has had. There's nothing to confiscate, counterfeit or put in trust here, given that the ticket is a losing one and grants access to nothing. So, why would you spend time and energy on transferring and storing info on these stakes? It's a complete nonsense. That's the essence of the whole bitcoin system. It's the dumbest thing ever created. People are spending enormous amounts of energy only to store and transfer the info on how many stakes in nothing they have or had.

You are quite wrong and saying things non-sense non-stop.
What you miss is that the paradigm changed. You say there are no economic resources but you mean that you can't find the same economic resources in Bitcoin as the ones you find in gold. Well, you're completely wrong. Bitcoin has the same and even more, but in a digital way. This is the bit that makes all the difference and you just blindly chose not to acknowledge it.
For people like you, the old saying fits like a glove: HFSP.

Yet let's compare some of those properties that makes money, a sound money, using the most common examples, gold and Bitcoin:

Both are quite hard to increase supply (which is good)
Both lasts (theoretically) for ever (which is good)
These are only 2 examples of properties they share. There are others like portability, divisibility that only Bitcoin excels at, and others like sovereignty, privacy, anonymity, decentralisation, etc that are required so that a sound money can be seen as such.

All your messages also fail to enlighten us about what you defend after all. Is that the fiat system? Centralised bullshit that you blindly eat without any contestation whatsoever? If so, you're even worse than what I initially thought!

The fact that there is nothing to confiscate with Bitcoin is rather good. Improves your sovereignty and protects your intellectual and private property, however you seem to completely discard this. You seem to like to be controlled in every aspect of your live as a human being. Sad!

Tell us what the hell you defend so that we can also judge it and do differently than you do which is to make up things to get some attention, post count and eventually merit points! Keep up!

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? Because I observe and describe this craziness. I am laughing my ass off when I read your responses.

[buwaytress]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

[Snowshow]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

[darkv0rt3x]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

You call it what you want. Debt, bank accounts, vaults, whatever, it's just numbers. What value those number have? 0. The only thing that is keeping any value, if any, is some supposed agreement we (the people) agreed with to our corrupt, greedy, liar governments, banks and major businesses CEOs, etc which control the polititians in each country. You seem to have no idea what you're talking about or you're just a son of one of those bastards that keep ading numbers to the pile of shitcoin we have been forced to use for ages and taking any value it may have! That's all. Numbers, meaningless numbers!
https://www.youtube.com/watch?v=QFgcqB8-AxE

[Snowshow]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

You call it what you want. Debt, bank accounts, vaults, whatever, it's just numbers. What value those number have? 0. The only thing that is keeping any value, if any, is some supposed agreement we (the people) agreed with to our corrupt, greedy, liar governments, banks and major businesses CEOs, etc which control the polititians in each country. You seem to have no idea what you're talking about or you're just a son of one of those bastards that keep ading numbers to the pile of shitcoin we have been forced to use for ages and taking any value it may have! That's all. Numbers, meaningless numbers!
https://www.youtube.com/watch?v=QFgcqB8-AxE

Of course, you can call a resource whatever you want ... it's still a resource. Debt is a resource because it provides utility at debt repayment or settlement. Fiat currency is simply a numeric information about the size of debt. This information is written on banknotes or bank accounts.

On the other hand, you can call a unit of a number whatever you want ... it's still a number. Bitcoin is a unit of the number 21 million. You can call it money, asset, digital gold. It's still a unit of that number. You can split it into subunits and call it Satoshi. It's still a subunit of that number. No resources here. Nothing to utilize. Just numbers that every idiot can create in their imagination. That's why you need new suckers to join the scheme and bring the resources in.

Try to accept that Satoshi Nakamoto scammed you. They created an online scam in which they anonymously sell you units of a number that they came up in their imagination. And you naive and greedy suckers fell for that stupidity.

[hZti]

Try to accept that Satoshi Nakamoto scammed you. They created an online scam in which they anonymously sell you units of a number that they came up in their imagination. And you naive and greedy suckers fell for that stupidity.

What you don't seem to understand and what makes your whole presence at this forum pointless is, that everyone here benefits from bitcoin. People that are here use bitcoin to store wealth, to send money or simply because they are interested in the system. In my opionion you are someone who had bitcoins before but didn't keep them and therefor now wants to convince people to also sell theirs. But people here are not as stupid as you and you will not succeed.

[asimi.io]

Bitcoin is not a messaging system, its perhaps a transaction system. I really encourage your effort but, you need to search more.

[darkv0rt3x]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

You call it what you want. Debt, bank accounts, vaults, whatever, it's just numbers. What value those number have? 0. The only thing that is keeping any value, if any, is some supposed agreement we (the people) agreed with to our corrupt, greedy, liar governments, banks and major businesses CEOs, etc which control the polititians in each country. You seem to have no idea what you're talking about or you're just a son of one of those bastards that keep ading numbers to the pile of shitcoin we have been forced to use for ages and taking any value it may have! That's all. Numbers, meaningless numbers!
https://www.youtube.com/watch?v=QFgcqB8-AxE

Of course, you can call a resource whatever you want ... it's still a resource. Debt is a resource because it provides utility at debt repayment or settlement. Fiat currency is simply a numeric information about the size of debt. This information is written on banknotes or bank accounts.

On the other hand, you can call a unit of a number whatever you want ... it's still a number. Bitcoin is a unit of the number 21 million. You can call it money, asset, digital gold. It's still a unit of that number. You can split it into subunits and call it Satoshi. It's still a subunit of that number. No resources here. Nothing to utilize. Just numbers that every idiot can create in their imagination. That's why you need new suckers to join the scheme and bring the resources in.

Try to accept that Satoshi Nakamoto scammed you. They created an online scam in which they anonymously sell you units of a number that they came up in their imagination. And you naive and greedy suckers fell for that stupidity.

Debt is a good resource to create more money out of thin air and devalue all bills and coins you have in your pocket. I give you that!
I don't understand what you are trying to say (sell) when you mention the numeric information about the size of debt. It's unrelated to the fact that the numbers you're talking about are exactly the same as the ones you refer when you talk about Bitcoin. But in your mind, ones have value (whatever that means to you) and the others don't. You're inconsistent and make no sense!

The numbers of your loved shitcoin have exactly the same resources as you say about the ones in Bitcoin. Zero, null, NaN. They represent even less than what they represented before 1971. They represent shit now. They represent the most paradoxal thing in history. Trust in a bunch of corrupt and greedy people! Yet, that's what makes you comfortable!
The only consistency shown  by you is that you fail to understand the digital side of all the properties needed to "make" a sound money!

If your shitcoin was that good, why the heck are we living the times that we are living? Are you just acting stupid or are you really stupid?

What you need to accept is that fiat uses no resources, have no resources, create no resources and is only used to control the brains of the retarded, by meaningless numbers.

Check this please and make it loop
https://www.youtube.com/watch?v=5AeO-dKGBLs

On the other hand, Bitcoin uses, resources, creates a resource (the currency to be able to be traded by goods/services/etc), needs no corrupt fuckers, greedy bastards to control it and it manages itself on it's own.
You're living a huge lie and you can't even see it! How retarded can someone be?

Open your eyes and your mind, don't be silly. You seem just another puppet that is passing by this earth with no goals, drive or anything! Sad!

[Snowshow]

I'm not the thing here. You people are literally buying numbers from an anonymous guy. Just think about it. The guy comes up with a number 21 million and then sets up an online system to sell the units of that number to people. And people fell for it. Not only that, but they take the whole thing to the level of craziness where they pay $70.000 for a unit of that guy's number. And in your mind, I am somehow the problem? I am laughing my ass off when I read your responses.

It's true. I've been buying numbers my whole life from various nameless purported people and entities, with various morals and various agendas. I've probably paid for or enslaved myself to at least 20 different governments in my short life, in return for numbers, sometimes with a semblance of effort (paper) sometimes literally just made up numbers on an account they just change the numbers in arbitrarily.

They didn't even have to go through the trouble of capping the number, it's factually unlimited, they didn't even have to provide me or themselves a way to see exactly how much numbers it is they've put out or who has them.

Last year, one such government decided to print trillions more in paper to throw around. And people lapped it up, magic numbers magically made up and we all lapped in up.

Welcome to the craziness.

No, you have been buying debt, and being paid that debt by the borrowers in the market exchanges, even if you're not aware of that, because you don't ask market participants whether they are borrowers. Numbers in those exchanges were only information about how many units of debt you have had. Economic resources, such as debt, products, services, labour, equity... are what is sold or bought on the market, not numbers. Numbers just inform market participants about the quantity of the resources. In the Nakamoto's system, you're literally buying numbers. You're buying units of a number that Nakamoto created in their imagination(21 million). That's the definition of craziness. Even giving a dollar for a unit is craziness, let alone giving $70.000.

You call it what you want. Debt, bank accounts, vaults, whatever, it's just numbers. What value those number have? 0. The only thing that is keeping any value, if any, is some supposed agreement we (the people) agreed with to our corrupt, greedy, liar governments, banks and major businesses CEOs, etc which control the polititians in each country. You seem to have no idea what you're talking about or you're just a son of one of those bastards that keep ading numbers to the pile of shitcoin we have been forced to use for ages and taking any value it may have! That's all. Numbers, meaningless numbers!
https://www.youtube.com/watch?v=QFgcqB8-AxE

Of course, you can call a resource whatever you want ... it's still a resource. Debt is a resource because it provides utility at debt repayment or settlement. Fiat currency is simply a numeric information about the size of debt. This information is written on banknotes or bank accounts.

On the other hand, you can call a unit of a number whatever you want ... it's still a number. Bitcoin is a unit of the number 21 million. You can call it money, asset, digital gold. It's still a unit of that number. You can split it into subunits and call it Satoshi. It's still a subunit of that number. No resources here. Nothing to utilize. Just numbers that every idiot can create in their imagination. That's why you need new suckers to join the scheme and bring the resources in.

Try to accept that Satoshi Nakamoto scammed you. They created an online scam in which they anonymously sell you units of a number that they came up in their imagination. And you naive and greedy suckers fell for that stupidity.

Debt is a good resource to create more money out of thin air and devalue all bills and coins you have in your pocket. I give you that!
I don't understand what you are trying to say (sell) when you mention the numeric information about the size of debt. It's unrelated to the fact that the numbers you're talking about are exactly the same as the ones you refer when you talk about Bitcoin. But in your mind, ones have value (whatever that means to you) and the others don't. You're inconsistent and make no sense!

The numbers of your loved shitcoin have exactly the same resources as you say about the ones in Bitcoin. Zero, null, NaN. They represent even less than what they represented before 1971. They represent shit now. They represent the most paradoxal thing in history. Trust in a bunch of corrupt and greedy people! Yet, that's what makes you comfortable!
The only consistency shown  by you is that you fail to understand the digital side of all the properties needed to "make" a sound money!

If your shitcoin was that good, why the heck are we living the times that we are living? Are you just acting stupid or are you really stupid?

What you need to accept is that fiat uses no resources, have no resources, create no resources and is only used to control the brains of the retarded, by meaningless numbers.

Check this please and make it loop
https://www.youtube.com/watch?v=5AeO-dKGBLs

On the other hand, Bitcoin uses, resources, creates a resource (the currency to be able to be traded by goods/services/etc), needs no corrupt fuckers, greedy bastards to control it and it manages itself on it's own.
You're living a huge lie and you can't even see it! How retarded can someone be?

Open your eyes and your mind, don't be silly. You seem just another puppet that is passing by this earth with no goals, drive or anything! Sad!

You're just repeating nonsense conspiracy theories about fiat money. Fiat money is simply a record of debt just like an invoice is a record of the products or services provided to a costumer. All records are created out of thin air. But recourses, like debt, products or services are not created out of thin air. Debt for example is created out of loan contracts and collaterals. Bitcoin on the other hand, is not a resource. It's a unit of Nakamoto's imaginary number (21 million) whose record is stored on blockchain. It's a simple online scam falsely presented to the public as a payment system. In a payment system resources are transferred, and the quantity of resources is expressed with numbers written on paper or digitally. In Nakamoto's scam you have numbers but not resources. That's why those who join the scam by investing their resources must wait new suckers to join otherwise they are doomed.

[Desmong]

Satoshi Nakamoto brought a revolutionary digital money that is changing the world now. Many investors had made lots of money from this invention and more millionaires are still going to be made. Satoshi never fooled anyone, he just saved us from the government from running the lives of the masses. Bitcoin bring cryptocurrency and now there are many crypto projects in the market that are good for investing.

[CryptoHeadlineNews]

And now the scheme units are not just “money”, but ‘revolutionary money’. ‘Scarce money’. ‘Money that saves people from inflation and poverty’. ‘Money that provides freedom from the governments’. And so on. Due to the fact that Nakamoto scheme is online, and thus global, and given there are a lot of gullible and naive people around the world, the propaganda was successful.

Come.. Writing a thread on bitcointalk is not compulsory, because I just read your entire thread twice and yet still finding it very difficult to comprehend what you actually mean. It's so very sad because you are absolutely wrong on Satoshi's philosophy and yet with this, am sure you aren't ready to learn the truth, because Bitcoin has come to stay and not going anywhere, so it's better you go do more research to enlighten yourself, because this thread is pointless and you are just contradicting yourself all over from the beginning to the end.

[Fortify]

Satoshi Nakamoto is the identity used by the unknown person, people or organization that authored the so called Bitcoin Whitepaper. In that paper, they claimed to have invented money, and a system based on cryptographic proof that uses that money and allows parties to transact directly with each other without the need for a trusted third party. Basically, they claimed to have invented a payment system with its own money. However, that was not true. They invented neither money nor payment system. Instead, they created a fraudulent investment scheme. The scheme was arranged as follows. First they developed protocols and software for attributing the scheme units to online addresses of scheme participants. But here’s the catch: the scheme units were not the units of economic resources, be it: products, capital, land, debt, licences, patents, copyrights, etc. Instead, they were just the units of a number created in Nakamoto’s imagination – 21 million. Nakamoto gave the units of their imaginary number the name “bitcoins” (lowercase “b”). Protocols and software were given the name “Bitcoin” (uppercase “B”). Then, whenever the so called “bitcoin miners” join the scheme by investing the electricity to make the system running, the software simply attributes a specific amount of Nakamoto’s imaginary units to their addresses. The amount is, of course, predetermined by the protocols. The record of attribution is stored on a distributed ledger called "blockchain". Finally, the units are accessible through the special software applications called “bitcoin wallets”. Miners use those to transfer the units to other participants that want to join the scheme. And that’s literally it. That’s Nakamoto scheme in a nutshell.

The fraud in this scheme is obviously contained in the scheme units (bitcoins). The Bitcoin Whitepaper falsely presented these units to the public as the units of money. Later, the scheme participants also started to call them: “a currency”, “a reward”, “tokens”, “an asset”, “digital gold”, etc. So, the false public presentation of scheme units as “money”, and later as “asset”, is the central point of the fraud. This is how people are lured to join the scheme. Namely, money and asset are the generic terms that people use when referring to economic resources. And it is economic resources what people are supposed to invest into the scheme. It is economic resources what all fraudsters want to get their hands on. This is the ultimate goal of all investments frauds. And that is, of course, because the economic resources are what provide utility to people. For example. Products, labor, or services, are resources that provide utility because they satisfy human needs. Land is a resource that provides utility because it supports all human activities. Shares in the companies are resources that provide utility because they grant access to profits or equity of the companies. Debt units represented with fiat currencies are resources that provide utility, because they grant access to products, labor, services or collaterals of the borrowers at debt repayment or settlement. So, other people’s economic resources are what the fraudsters are always up to. And given that money and asset are the generic terms for economic resources, calling the units of Nakamoto’s imaginary number “money”, and later “asset”, was a perfect way to deceive people and lure them into the scheme. People would simply think that they are just exchanging one type of money or asset for another. Hence, a nice trick.

But once people are in the scheme, they realize that the units they hold are not the units of economic resources. They realize that Nakamoto scheme is completely void of anything that can provide utility to anyone. So they must dump their worthless units to someone else. Only in that way they can get the resources back and have the utility. And for that reason, they are forced to spread the same disinformation that was used by Nakamoto in the Bitcoin Whitepaper. They must publicly present their scheme units as money. From that necessity, the whole propaganda and false advertising came about. And now the scheme units are not just “money”, but ‘revolutionary money’. ‘Scarce money’. ‘Money that saves people from inflation and poverty’. ‘Money that provides freedom from the governments’. And so on. Due to the fact that Nakamoto scheme is online, and thus global, and given there are a lot of gullible and naive people around the world, the propaganda was successful. It was successful so much, that on the one hand, it pumped up the price of scheme unit from zero, to a high of $70,000, with the current price around $20,000. And on the other hand, it made the whole industry to pop up. This industry is now known by the name “crypto industry”.

To conclude. Satoshi Nakamoto fooled the world by taking a traditional fraudulent investment scheme and disguise it by splitting it into units that were put online and presented to the public as the units of money. The disguise was successful and people fall for it. But given that, in its core, Nakamoto scheme is a good old investment fraud, it contains zero economic resources for the participants to access. Which is why the earlier participants can return their investment of resources only from resources brought by more recent participants. Consequently, if people stop participating (buying the scheme units), then there are no resources anymore. And those that are left holding the units, are literally left with nothing.

It seems like you fail to understand what Bitcoin is, no matter how articulate you may be and falsely assign a nefarious motive to Satoshi's actions. Satoshi has not benefited at all from the Bitcoin holdings that are still tied together in his name from the earliest mining, they've stayed in the same wallets all this time and it was only many years afterwards it reached unimaginable heights from such humble beginnings. It is the people who speculate with the value of Bitcoin who are deceiving each other - it is simply a currency like any other and is worth whatever the mass of people who share the world decide it is worth as a unit of trade. You are attributing the malicious actions and schemes of others against the creator of a technical marvel. It is a very wonderful concept - presenting the blockchain ledger of transparent and decentralized transactions that can go great lengths to preventing corruption.

[Snowshow]

Satoshi Nakamoto brought a revolutionary digital money that is changing the world now. Many investors had made lots of money from this invention and more millionaires are still going to be made. Satoshi never fooled anyone, he just saved us from the government from running the lives of the masses. Bitcoin bring cryptocurrency and now there are many crypto projects in the market that are good for investing.

How are you saved from anyone or anything if you are giving your economic resources away when joining Nakamoto scheme and ending up in the units or subunits of Nakamoto's imaginary number, instead of another type of economic resources? There's simply nothing for the governments take away from you. This talk about freedom from the government is just a false narrative for luring the new suckers to join the scheme.

[Snowshow]

It seems like you fail to understand what Bitcoin is, no matter how articulate you may be and falsely assign a nefarious motive to Satoshi's actions. Satoshi has not benefited at all from the Bitcoin holdings that are still tied together in his name from the earliest mining, they've stayed in the same wallets all this time and it was only many years afterwards it reached unimaginable heights from such humble beginnings. It is the people who speculate with the value of Bitcoin who are deceiving each other - it is simply a currency like any other and is worth whatever the mass of people who share the world decide it is worth as a unit of trade. You are attributing the malicious actions and schemes of others against the creator of a technical marvel. It is a very wonderful concept - presenting the blockchain ledger of transparent and decentralized transactions that can go great lengths to preventing corruption.

I observe what bitcon is - it's a unit of Nakamoto's imaginary number (21 million). There's nothing here to "understand". It's all pretty simple. Regarding the holdings of Satoshi Nakamoto. How do you know how many addresses a person or people behind that name have, if everything is anonymous? But regardless, Nakamoto scammed people by claiming in the Bitcoin Whitepaper that they invented money and a payment system, when in reality they invented a system for attributing units and subunits of the number 21 million to online addresses of people. Money is a specific type of economic resources, while payment system is a system for transferring these resources. Money is not and it cannot be a unit of a number because there's no utility to compare with the utility of economic resources in a market exchange.

[darkv0rt3x]

You're just repeating nonsense conspiracy theories about fiat money. Fiat money is simply a record of debt just like an invoice is a record of the products or services provided to a costumer. All records are created out of thin air. But recourses, like debt, products or services are not created out of thin air. Debt for example is created out of loan contracts and collaterals. Bitcoin on the other hand, is not a resource. It's a unit of Nakamoto's imaginary number (21 million) whose record is stored on blockchain. It's a simple online scam falsely presented to the public as a payment system. In a payment system resources are transferred, and the quantity of resources is expressed with numbers written on paper or digitally. In Nakamoto's scam you have numbers but not resources. That's why those who join the scam by investing their resources must wait new suckers to join otherwise they are doomed.

I can see who's repeating non-sense conspiracy. "Oh, fiat money is simply a record of debt, bla bla bla bla". Where the hell debt is a resource? Debt is the most shittiest mechanism to create money out of nothing, because fiat is backed by absolutely nothing other than the electricity spent to print bills. Don't be ridiculous. That debt is what keeps your ass under their control. And apparently you like to have your ass controlled by others! And if you like fiat, and having your ass controlled by a bunch of bastards, you'll even like more those CBDCs.

Bitcoin is not a unit of Nakamoto's bla bla bla you say. Bitcoin is a messaging protocol. Is a network. Don't be ridiculous. The only imaginary numbers I know are the ones to represent the square root of negative numbers! Those are the only imaginary numbers I know. Ahh and I also know about your imaginary/real fetish with fiat!

[darkv0rt3x]

It seems like you fail to understand what Bitcoin is, no matter how articulate you may be and falsely assign a nefarious motive to Satoshi's actions. Satoshi has not benefited at all from the Bitcoin holdings that are still tied together in his name from the earliest mining, they've stayed in the same wallets all this time and it was only many years afterwards it reached unimaginable heights from such humble beginnings. It is the people who speculate with the value of Bitcoin who are deceiving each other - it is simply a currency like any other and is worth whatever the mass of people who share the world decide it is worth as a unit of trade. You are attributing the malicious actions and schemes of others against the creator of a technical marvel. It is a very wonderful concept - presenting the blockchain ledger of transparent and decentralized transactions that can go great lengths to preventing corruption.

I observe what bitcon is - it's a unit of Nakamoto's imaginary number (21 million). There's nothing here to "understand". It's all pretty simple. Regarding the holdings of Satoshi Nakamoto. How do you know how many addresses a person or people behind that name have, if everything is anonymous? But regardless, Nakamoto scammed people by claiming in the Bitcoin Whitepaper that they invented money and a payment system, when in reality they invented a system for attributing units and subunits of the number 21 million to online addresses of people. Money is a specific type of economic resources, while payment system is a system for transferring these resources. Money is not and it cannot be a unit of a number because there's no utility to compare with the utility of economic resources in a market exchange.

The clock repeats itself every 60 seconds, 60 mintues 12 hours and 24 hours... lol. Imaginary number, imaginary number, bla bla bla, over and over again.
Why the hell you want to know what others have? You don't have to and you shouldn't.

You are so confused that you even contradict yourself. First you say Nakamoto scammed the world by claiming he invented a payment system but then you say that a payment system is used to transfer resources. Well, guess what??? Bitcoin is used to transfer resources but you say that Bitcoin is not a payment system. Decide yourself and try again.

And again, contradiction. Money is not a unit of a number. Of course it is, unless 50 cents is not 50 parts of a unit, where the unit is a dolar, a Euro, whatever!

There is however part of a sentence that might be correct:

" Money is not and it cannot be a unit of a number because there's no utility.(period)"
And that's all.

[BlackHatCoiner]

Money is not and it cannot

Money can be whatever we want. Period. You hold no power to dictate what's money, what we're allowed to consider as money. The world you live in is consisted of people who make actions completely contradictory to your limited and conservative ideology. Our arguments concur with our perspective, you've just deliberately limited your mind, and find them invalid. But, we don't. Call us crazy, scammers, idiots if that pacifies you mentally.

But, you ought to admit it: We outnumber you; you're the only person left with this belief. And we've debunked the shit out of you in such way that every rational person, who's unfortunate enough to come across your big pile of shitposts which reveal how obnoxious little doughhead you are, understands you're objectively wrong.

Perhaps it's time to acknowledge you are the problem and move on? Preferably to some sort of therapist.

[Snowshow]

You're just repeating nonsense conspiracy theories about fiat money. Fiat money is simply a record of debt just like an invoice is a record of the products or services provided to a costumer. All records are created out of thin air. But recourses, like debt, products or services are not created out of thin air. Debt for example is created out of loan contracts and collaterals. Bitcoin on the other hand, is not a resource. It's a unit of Nakamoto's imaginary number (21 million) whose record is stored on blockchain. It's a simple online scam falsely presented to the public as a payment system. In a payment system resources are transferred, and the quantity of resources is expressed with numbers written on paper or digitally. In Nakamoto's scam you have numbers but not resources. That's why those who join the scam by investing their resources must wait new suckers to join otherwise they are doomed.

I can see who's repeating non-sense conspiracy. "Oh, fiat money is simply a record of debt, bla bla bla bla". Where the hell debt is a resource? Debt is the most shittiest mechanism to create money out of nothing, because fiat is backed by absolutely nothing other than the electricity spent to print bills. Don't be ridiculous. That debt is what keeps your ass under their control. And apparently you like to have your ass controlled by others! And if you like fiat, and having your ass controlled by a bunch of bastards, you'll even like more those CBDCs.

Bitcoin is not a unit of Nakamoto's bla bla bla you say. Bitcoin is a messaging protocol. Is a network. Don't be ridiculous. The only imaginary numbers I know are the ones to represent the square root of negative numbers! Those are the only imaginary numbers I know. Ahh and I also know about your imaginary/real fetish with fiat!

You're just repeating irrelevant stuff and refuting nothing. Your personal opinion on debt won't change the fact that debt is a resource that provides utility at settlement. Bitcoin is indeed a unit of Nakamoto's imaginary number. Network that transfer the units of that number cannot magically turn these units into resources. So it's completely irrelevant on what protocols it operates.

[Snowshow]

Money is not and it cannot

Money can be whatever we want. Period. You hold no power to dictate what's money, what we're allowed to consider as money. The world you live in is consisted of people who make actions completely contradictory to your limited and conservative ideology. Our arguments concur with our perspective, you've just deliberately limited your mind, and find them invalid. But, we don't. Call us crazy, scammers, idiots if you that pacifies you mentally.

But, you ought to admit it: We outnumber you; you're the only person left with this belief. And we've debunked the shit out of you in such way that every rational person, who's unfortunate enough to come across your big pile of shitposts which reveal how obnoxious little doughhead you are, understands you're objectively wrong.

Perhaps it's time to acknowledge you are the problem and move on? Preferably to some sort of therapist.

Money can be whatever resource that provides utility to people. The problem is that Nakamoto scheme is completely void of any resources. That's the reason why the current scheme participants must wait new suckers to join in, and bring the resources.