Have anyone saw bitcoin?

[Snowshow]

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?

[1715475962]

1715475962

[LoyceV]

You're a funny troll. If Bitcoin wouldn't exist, you wouldn't have created an account here. Good luck with that

Then again: you're right!

(image source)

[Snowshow]

You're a funny troll. If Bitcoin wouldn't exist, you wouldn't have created an account here. Good luck with that

Well, it's not about me being right on something. I am just asking you people, given you say that you own bitcoins, where did you get the idea that you actually own them? The fact is you have nothing except numbers sent to you via Nakamoto's communication system? I see no bitcons. Do you see them? Where are they?

[Oshosondy]

Nothing has value in life unless people accepted it to have value.

Where did people get the idea that bitcoin exists, given all we see are numbers send to their addresses via Nakamoto's communication system?

People accepted what Satoshi Invented and it becomes valuable.

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?

Someone sent you number 5 in a text message, if you want to use it to buy something, they will think you are mad, but if someone send your 1 BTC, you can use it to buy house, car or anything that has value and still have change to collect.

[seoincorporation]

If you can receive them and send them and no one else have access to them, then they are real and they are yours.

Once you understand the logic behind bitcoin and why people trust it, then you will realize how real they are and all the things you can do with it.

If you want to believe that bitcoin isn't real then good luck with than and enjoy your bubble. 

[Snowshow]

Nothing has value in life unless people accepted it to have value.

Where did people get the idea that bitcoin exists, given all we see are numbers send to their addresses via Nakamoto's communication system?

People accepted what Satoshi Invented and it becomes valuable.

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?

Someone sent you number 5 in a text message, if you want to use it to buy something, they will think you are mad, but if someone send your 1 BTC, you can use it to buy house, car or anything that has value and still have change to collect.

Well, it's not about me being right on something. I am just asking you people, given you say that you own bitcoins, where did you get the idea that you actually own them? The fact is you have nothing except numbers sent to you via Nakamoto's communication system? I see no bitcons. Do you see them? Where are they?

Stop being a fool.

Can you please answer the question, instead of repeating some random answers? I see people claiming to buy or own BTC. But all they can show me is number send to them, and "BTC" in their wallet apps. I can come up with a communication system that would have "Porsche" written next to the number I would send to people who would register to that system. But that doesn't mean they would own Porsches. So, why do you think that you own BTC, when you receive some number via Nakamoto's communication system and see "BTC" next to it?

If you can receive them and send them and no one else have access to them, then they are real and they are yours.

Once you understand the logic behind bitcoin and why people trust it, then you will realize how real they are and all the things you can do with it.

If you want to believe that bitcoin isn't real then good luck with than and enjoy your bubble.  

If it is real, where is it?

[LoyceMobile]

So you want physical money? Great, go to printedfiatforum.gov.

If it is real, where is it?

Have you seen the internet?

[Snowshow]

So you want physical money? Great, go to printedfiatforum.gov.

I want an answer to my question. Nothing else.

If it is real, where is it?

Have you seen the internet?

Why do you ask?

[tadamichi]

Well, it's not about me being right on something. I am just asking you people, given you say that you own bitcoins, where did you get the idea that you actually own them?

Private keys.

I see no bitcons. Do you see them?

Yes.

Where are they?

On a globally distributed public ledger.

[Snowshow]

Well, it's not about me being right on something. I am just asking you people, given you say that you own bitcoins, where did you get the idea that you actually own them?

Private keys.

I see no bitcons. Do you see them?

Yes.

Where are they?

On a globally distributed public ledger.

If I download wallet app I get private key. But I see no bitcoin except "0" and "BTC".

I could put this: "5 Porsche" on a globally distributed public ledger. But that doesn't mean Porsches are there. So, just because someone put numbers on a globally distributed public ledger, that doesn't mean bitcoins are there. People can put numbers wherever they want. Why do you think that you own bitcoins when someone put numbers into some database?

[Upgrade00]

Can you please answer the question, instead of repeating some random answers? I see people claiming to buy or own BTC. But all they can show me is number send to them, and "BTC" in their wallet apps. I can come up with a communication system that would have "Porsche" written next to the number I would send to people who would register to that system. But that doesn't mean they would own Porsches. So, why do you think that you own BTC, when you receive some number via Nakamoto's communication system and see "BTC" next to it?

You example is highly flawed, porches are an existing product, you cannot create a system to duplicate that. Bitcoin is not trying to imitate any existing asset or technology.

Are you aware of how a digital commodity works? There are digital gift cards which have a certain value, there are assets which are represented physically which have a value as well, Bitcoin is one of such assets.
It exists on the blockchain technology. If you believe a thing has to be physical to be real, then you're about 30 years behind.

If you can come up with a digital system which is immutable, transparent, fungible, decentralized etc, that would equally be valuable.

[Snowshow]

Can you please answer the question, instead of repeating some random answers? I see people claiming to buy or own BTC. But all they can show me is number send to them, and "BTC" in their wallet apps. I can come up with a communication system that would have "Porsche" written next to the number I would send to people who would register to that system. But that doesn't mean they would own Porsches. So, why do you think that you own BTC, when you receive some number via Nakamoto's communication system and see "BTC" next to it?

You example is highly flawed, porches are an existing product, you cannot create a system to duplicate that. Bitcoin is not trying to imitate any existing asset or technology.

Are you aware of how a digital commodity works? There are digital gift cards which have a certain value, there are assets which are represented physically which have a value as well, Bitcoin is one of such assets.
It exists on the blockchain technology. If you believe a thing has to be physical to be real, then you're about 30 years behind.

If you can come up with a digital system which is immutable, transparent, fungible, decentralized etc, that would equally be valuable.

A gift card is the record of liability of the card issuer to give you a specified cash value of goods or services. Liability of one is asset of another. So, a gift card is simply an evidence of an asset. When number is send to you via Nakamoto's communication system no entity has liability towards you. So you own no asset with the name BTC. You claim you do own it. So, where is it? Blockchain only has info on that number that was sent to you. But no BTC, no asset exists there.

[Gosgosking]

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?

You are also trying to say the E-currency some government are adopting does not exist,  this E-currency of some government are just trying to imitate bitcoin. You don't need to see bitcoin without the physical eye or feel it with thy hand,  bitcoin is a digital currency that is why it is different from the fiat currency.

[romero121]

If it is real, where is it?

Have you seen the internet?

Why do you ask?

If you were able to answer this question, then from the answer itself you can come to a conclusion whether bitcoin is real or mere numbers.

[Jemzx00]

You're a funny troll. If Bitcoin wouldn't exist, you wouldn't have created an account here. Good luck with that

Then again: you're right!

This statement has proven to be true with the following response by OP on the above statements.

We cannot argue to someone like him so probably he is right. I'll be waiting for his own communication system that would have a Porsche on it. I hope to have those "Porsche coins" (shitcoin)

[sunsilk]

You know that transactions made digital are intangible so you see numbers. That doesn't really make sense but maybe you're looking for those collectibles like Casascius coins that are tangible and visible.

I guess that will end the debate with what you're trying to confuse yourself with. Or with any other type of those collectible physical coins that has the value of bitcoins engraved on them.

[Snowshow]

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?

You are also trying to say the E-currency some government are adopting does not exist,  this E-currency of some government are just trying to imitate bitcoin. You don't need to see bitcoin without the physical eye or feel it with thy hand,  bitcoin is a digital currency that is why it is different from the fiat currency.

I am trying nothing except getting an answer to my question. You people claim to transact with bitcoins but get only numbers send to your address via Nakamoto's communication system.

Sending and receiving numbers is not making transactions. I could sent “5” to you via SMS and then claim that you now own 5 pieces of some revolutionary asset. Claiming in some text (Bitcoin Whitepaper) that people own xx BTC when a system sends numbers to their addresses after they invested electricity to keep the system alive, doesn't magically create an asset called BTC. Nor it creates it when electricity investors send numbers further. So, where did you get the idea of bitcoin being real?

[Zilon]

Fiat has its monetary value  because the government gave it a value and kept a structure to ensure it doesn't get double spent and printed by any random individual. As for the idea of Bitcoin existence, it emanates from user in the same peer network transacting through addresses and having a public ledger to prove the existence of those transactions. If Bitcoin were to be in a physical form it would have been manipulated, banned or destroyed long ago. The existence of its digital form gave every user their privacy and full control to their funds which Op should be grateful for

[franky1]

the numbers come to existence in a very secure way that actually costs people money to secure its creation.
the created coin is assigned to the winner of the creation competition where its secured to an address that can only be controlled by that owner via a security feature of very complicated signature proofs(which you keep ignoring/not understanding)

the security ensure random numbers cannot just be added or come to existence via any other method or for free.

the transfer of the numbers can only be done in a secure way by the acquirer moving them to a recipient in a secure way only the current owner can move.

this then is the bases of ownership of value.

the other features of what the system can do with these numbers and methods of transfer and all the other features then establish a utility people want that fiat bank notes do not provide them

people then quantify their own local personal cost to join the coin creation competition or if its easier or better to just buy the coin compared to their personal effort cost

[Snowshow]

Fiat has its monetary value  because the government gave it a value and kept a structure to ensure it doesn't get double spent and printed by any random individual. As for the idea of Bitcoin existence, it emanates from user in the same peer network transacting through addresses and having a public ledger to prove the existence of those transactions. If Bitcoin were to be in a physical form it would have been manipulated, banned or destroyed long ago. The existence of its digital form gave every user their privacy and full control to their funds which Op should be grateful for

Fiat is evidence of liability. Liability of one is asset of another. But that's not the topic. I am asking, where did you people get the idea that you own BTC?