Article: Why Bitcoin is the Most Nonsensical Thing Ever

[2stout]

OP makes a couple of old sayings come to mind and validates them:  1) Never argue with a fool- they will drag you down to their level and beat you with experience.  2) If you can't dazzle them with intellect, baffle them with bull.

[DigitalMonk]

Satoshi Nakamoto is reading your Post,  Dr Snowshow. He is just saying, what is the problem with Snowshow, who is scared to come to the Forum with his real name, instead using a fake name and writing all nonsense for many months. Nakamoto is saying, Snowshow is accusing me as liar. If some one accused someone as liar in a public forum is offensive. Snowshow might be banker, who thinks his fiat banking is going lose financial power because of mass Bitcoin adoption soon, so he is trying his best attack Satoshi Nakamoto. He might be sponsored by one of banking Elite or he might be Mr Warren Buffet disguising as Snowshow and posting all nonsense over period of times.

I think, Satoshi Nakamoto needs to reavel his identity to take Dr Snowshow to the High Court. Snowshow thinks using a fake ID will protect him from being caught up. That is not the case. Frankly has tried his best over many months to educate Dr Snowshow but he does not want to learn. It will two minutes for Satoshi to find your IP and real identity. Remember Satoshi Nakamoto is a benevolent God of Money. His duty is to make sure that new weather should be redistribute justifiably. He is very much tolerant person so, may forgive your offense against him.

When you create a system that sends people numbers and you post publicly that it sends electronic coins, that's a lie. Because you know and you see that besides numbers next to their addresses, people get literally nothing else. If someone is capable to write a paper they are capable of assessing something like that as well.

But of course maybe the person or group behind Nakamoto identify was joking. And it's not Nakamoto's fault if people took the joke system seriously and started to give other people their electricity or other assets for numbers, or if they pushed the price of nothing up to the sky. That's just the nonsensical behavior of people that obviously like modern access to traditional asset redistribution schemes.

But anyway, I changed the world "lie" to "nonsense". I don't know, maybe Bitcoin Whitepaper is indeed a joke or Nakamoto is completely ignorant of economics and they genuinely thought that money are numbers.

Regarding the lawsuit. Hahahaha. How old are you?

Nobody is insulting you here in this forum. It is you, who has insulted Satoshi Nakamoto by saying " satoshi nakamoto is a liar",

I am old enough to be your grand father. Now, I educating you about money, economics, coin, bitcoin and number.

Money, is property, product and services. To count money you need numbers and math. Economics is the faculty in relation to financial system and its broader scales of literacy. Coin is something round in English it is known as coil. Example gold coin or slver coin. Bitcoin is digital and math base counting unit of cash as well as an electronic service system. It is a financial product. Now your problem is how number can become a coin ?  Numbers are the representation unit of calculation which is an index. In economic sense Bitcoin literally is an economic index number which is computationally mined by logic base algorithm. To understand it simply you need some education. You know who is your father ?  He has a name. Now your father is not really that name but the person who has been given that name. Bitcoin or cryptocoin is a representation name of financial product call asset or money or currency. It is unique and ledgered by index number known as coin.

After this explation if you do not understand you may need some more help.

[Lorence.xD]

OP makes a couple of old sayings come to mind and validates them:  1) Never argue with a fool- they will drag you down to their level and beat you with experience.  2) If you can't dazzle them with intellect, baffle them with bull.

Those two saying are almost the same thing and also I don't think that OP is going to be doing any argument regarding his stance since he did already an essay worth of words to establish his belief that bitcoin is imaginary. Probably OP is someone who missed out buying bitcoin and is bitter that it go at such high prices.

[2stout]

OP makes a couple of old sayings come to mind and validates them:  1) Never argue with a fool- they will drag you down to their level and beat you with experience.  2) If you can't dazzle them with intellect, baffle them with bull.

Those two saying are almost the same thing and also I don't think that OP is going to be doing any argument regarding his stance since he did already an essay worth of words to establish his belief that bitcoin is imaginary. Probably OP is someone who missed out buying bitcoin and is bitter that it go at such high prices.

Perhaps they are the one man or part of a FOMO FUD show hoping to take advantage of weak hands and panic sellers.  Actually, your sour grapes thought is more likely on the mark.

[Snowshow]

Nobody is insulting you here in this forum. It is you, who has insulted Satoshi Nakamoto by saying " satoshi nakamoto is a liar",

I am old enough to be your grand father. Now, I educating you about money, economics, coin, bitcoin and number.

Money, is property, product and services. To count money you need numbers and math. Economics is the faculty in relation to financial system and its broader scales of literacy. Coin is something round in English it is known as coil. Example gold coin or slver coin. Bitcoin is digital and math base counting unit of cash as well as an electronic service system. It is a financial product. Now your problem is how number can become a coin ?  Numbers are the representation unit of calculation which is an index. In economic sense Bitcoin literally is an economic index number which is computationally mined by logic base algorithm. To understand it simply you need some education. You know who is your father ?  He has a name. Now your father is not really that name but the person who has been given that name. Bitcoin or cryptocoin is a representation name of financial product call asset or money or currency. It is unique and ledgered by index number known as coin.

After this explation if you do not understand you may need some more help.

Your rant is showing you're pissed off. But that's because you created things in your mind.

First, I said that Nakamoto lied in the Whitepaper. Not that they are a lier. Lier is a personal feature. There's no person that could be accused of such feature. No one knows who Nakamoto is. So, you're imagining things.

Second, what you did in the rest of the rant is interesting. You rightly distinguished a thing(money - property, product, service... from a number (math abstraction) that is used to express the quantity of the thing, but you didn't say what thing do you own in the quantity of, for e.g. "10" when the number 10 is attributed to your address in the Nakamoto's system. You just used generic terms: currency, money, asset. And you did that because there's NOTHING expressed with the number 10. Bitcoin/coin/asset/money/currency ... is nowhere in the Nakamoto's system. This system manages numbers. It's a primitive communication system. It has nothing to do with payments. It's simply a means for people to access modern pyramid-style scheme.

[mindrust]

What a load of crap… Another clueless moron pictures bitcoin as a ponzi scheme. Nothing original. No matter how much you scream, people will keep using bitcoin in their daily lives and lots of people will keep making money. There is a whole new industry built on top of bitcoin. You think that’s going to vanish easily? Thousands of people study blockchain technology and this helped them to have a full time job. Bitcoin creates wealth. It doesn’t just make the holders rich, bitcoin provided jobs. Without bitcoin the economy would suffer. There would be thousands of new unemployed people. You clearly have no idea what you are talking about. Bitcoin is inevitable.

[TribalBob]

of all the writings made by you, I do not care about the conclusions you make,
for me technological progress is unavoidable, as well as bitcoin which has spread throughout the world and people are competing to have it, if it is ponzi from which point of view, maybe I am too stupid in this matter but when it comes to money ready to care about a historical background

[PrivacyG]

Since you wasted all your time doing this.

Why do you not take just one hour out of your free time and research what Bitcoin is and how it works.  What you are doing is exactly like explaining how a cell works scientifically without any background in scientific research.  You are writing stuff about something you do not even comprehend.

This argument would be interesting if you actually knew what you were talking about.

-
Regards,
PrivacyG

[dezoel]

Some guy who do not understand how bitcoin is used wrote this up 100% for sure. Redistribution being worse than ponzi schemes? Really? That’s what you are going with? I mean a simple "I do not have any clue how mining works" would have been fine.

Miners get rewarded for their hardware and bills, which they make a profit from, and the people who do transactions are safe with those miners because they are protected by it and pay a fee for that. How could this be any worse than ponzi or pyramid could anyone tell me. At the end of the day, if you want to create lies about bitcoin and find a way to bash it then you are going to do it, nobody can stop you.

[Snowshow]

What a load of crap… Another clueless moron pictures bitcoin as a ponzi scheme. Nothing original. No matter how much you scream, people will keep using bitcoin in their daily lives and lots of people will keep making money. There is a whole new industry built on top of bitcoin. You think that’s going to vanish easily? Thousands of people study blockchain technology and this helped them to have a full time job. Bitcoin creates wealth. It doesn’t just make the holders rich, bitcoin provided jobs. Without bitcoin the economy would suffer. There would be thousands of new unemployed people. You clearly have no idea what you are talking about. Bitcoin is inevitable.

Please stop with that nonsense. I know you people have to promote this ponzi-style bs in order to get you money back.  But it's obvious that people are not "using bitcoin". They are just registering into Nakamoto's system in order to send each other numbers. There are no electronic coins called "bitcoins", like there are debt units called "dollars", or equity units called "Tesla shares", or product units called "iPhones".  "Electronic coin" is just a word used in Nakamoto's Whitepaper.  It's not something that is real. You people look so funny when you keep mentioning that you "use bitcoins" but all you do is receive numbers after giving your debt units, products, labour or services to existing users of this ponzi-style bs.

[davis196]

The internet is just numbers. Maybe this means that the internet isn't real, I guess.
Websites, that are build with HTML code are just a bunch of HTML code, but they have value and they can be sold for a lot of money.
Having a bank account is basically owning a bunch of numbers. You get your numbers when you withdraw cash from the ATM.
OP, you sound kinda butthurt. If you are so disappointed by Bitcoin, just buy gold, real estate, commodities or just keep your cash under your bed. Nobody is forcing you to use Bitcoins, when you clearly hate Bitcoin.
We live in a world of concepts and the definition of "real" can be pretty relative.

[_BlackStar]

Please stop with that nonsense.

Before you ask people to stop talking about the truth of bitcoin, then stop your bullshit here and elsewhere.

I won't bother going into detail about bitcoin to people with a trolling understanding like you because in the end we're just talking to a wall. I just hope every user avoids the conversation with you because it's a waste of time. So stop all this bullshit and live peacefully with your traditional fiat system instead of asking us to stop somewhere.

[Snowshow]

The internet is just numbers. Maybe this means that the internet isn't real, I guess.
Websites, that are build with HTML code are just a bunch of HTML code, but they have value and they can be sold for a lot of money.
Having a bank account is basically owning a bunch of numbers. You get your numbers when you withdraw cash from the ATM.
OP, you sound kinda butthurt. If you are so disappointed by Bitcoin, just buy gold, real estate, commodities or just keep your cash under your bed. Nobody is forcing you to use Bitcoins, when you clearly hate Bitcoin.
We live in a world of concepts and the definition of "real" can be pretty relative.

Numbers exist everywhere. In mathematics they count abstract objects. In fiat currencies and stocks they count real debt units and real equity shares. In companies they count real product units. Numbers also exist in Nakamoto's system, where they count non-existent electronic coins. You can use numbers for counting things that are not real. For example, in your mind you imagine a group of unicorns, and then use numbers to count them. That's basically what you people do. When you get numbers via Nakamoto's system you're imagining some electronic coins and believe the received numbers count them. But the only place these coins exist is fantasy. They are not real. Just like unicorns.
 

[Charles-Tim]

People may think that you do not know what you are talking about, but I see you as a bitcoin critic and nothing more. If you like, do not buy or use bitcoin at all, it is not buy force, but you have no control over it. You can try and read more about demand and supply if you have economics textbook, or you can go online and read about it. I just know that there are still some people that do jo yet believe in bitcoin like those that did not believe in bitcoin in the past, but the price of bitcoin continues to increase and the adoption also continues.

[indah rezqi]

>snip

Even if I don't have a good understanding of bitcoin, but I won't say anything like hate about it. Bitcoins are not physical but units are limited to a number of 21m which cannot be added or possibly subtracted. I certainly wouldn't agree with most of your opinions although you have the right to have a different opinion than most others.

So if you don't have an idea to get people to justify your opinion, then you also have no right to blame our opinion who honestly believes in bitcoin and its innovation advantages over fiat. My two ears shouldn't hear anything wrong about bitcoin, so I have to shut them out of misinformation.

[cheezcarls]

Numbers exist everywhere. In mathematics they count abstract objects. In fiat currencies and stocks they count real debt units and real equity shares. In companies they count real product units. Numbers also exist in Nakamoto's system, where they count non-existent electronic coins. You can use numbers for counting things that are not real. For example, in your mind you imagine a group of unicorns, and then use numbers to count them. That's basically what you people do. When you get numbers via Nakamoto's system you're imagining some electronic coins and believe the received numbers count them. But the only place these coins exist is fantasy. They are not real. Just like unicorns.

And what are you still doing here in this forum? I assume that an anti-Bitcoiner or hater paid you big money for posting this BS claims.

I understand that we can't please everybody here about Bitcoin, especially you. If you're not pleased with Bitcoin, that's on you. It's just that you've wasted your precious time posting nonsense like this instead of doing something productive.

[Warkop]

This forum does not force everyone to believe in bitcoin or not, but Satoshi opens up opportunities for everyone to earn from bitcoin, the problem is you believe it or not that's your business, if indeed you are not interested in bitcoin, my question is why you,  using this forum, which without you knowing this forum is made by Satoshi, for users to discuss and find news about the growth of bitcoin from year to year.

[witcher_sense]

Numbers exist everywhere. In mathematics they count abstract objects. In fiat currencies and stocks they count real debt units and real equity shares. In companies they count real product units. Numbers also exist in Nakamoto's system, where they count non-existent electronic coins. You can use numbers for counting things that are not real. For example, in your mind you imagine a group of unicorns, and then use numbers to count them. That's basically what you people do. When you get numbers via Nakamoto's system you're imagining some electronic coins and believe the received numbers count them. But the only place these coins exist is fantasy. They are not real. Just like unicorns.
 

Why do you create a new account only to push again your flawed narratives and provide baseless arguments that work only in your fevered mind that is anti-freedom in general and anti-bitcoin in particular? You are absolutely right that numbers exist everywhere, and everyone out there can use them to count things, even imaginary ones; it is a simple and logically undebatable idea that you pictured fantastically. You may have even convinced some inexperienced newbies who don't yet fully understand why bitcoin works, why it matters, and, more importantly for the subject of our dispute, why numbers in bitcoin are completely different from those you have described. The "problem" is that bitcoin is an isolated system that doesn't care what happens outside of it. It only cares about numbers that have been produced by a process of solving a very strong cryptographic puzzle or numbers that have been "moved" using cryptographic algorithms. No matter how strong your imagination may be, you can't create these bitcoin-specific numbers, of which the bitcoin system will care. No matter how hard you try, you will not be able to conjure up numbers out of thin air, nor can you steal those numbers from others because your numbers won't have POW behind them, and your imagination can't beat asymmetric cryptography. The claim that you can destroy bitcoin only because you know how to think of numbers is no different than saying that you have solved all existing mathematical problems because they never mattered in the first place due to the universal knowledge of the numbers they consist of.

[DigitalMonk]

Nobody is insulting you here in this forum. It is you, who has insulted Satoshi Nakamoto by saying " satoshi nakamoto is a liar",

I am old enough to be your grand father. Now, I educating you about money, economics, coin, bitcoin and number.

Money, is property, product and services. To count money you need numbers and math. Economics is the faculty in relation to financial system and its broader scales of literacy. Coin is something round in English it is known as coil. Example gold coin or slver coin. Bitcoin is digital and math base counting unit of cash as well as an electronic service system. It is a financial product. Now your problem is how number can become a coin ?  Numbers are the representation unit of calculation which is an index. In economic sense Bitcoin literally is an economic index number which is computationally mined by logic base algorithm. To understand it simply you need some education. You know who is your father ?  He has a name. Now your father is not really that name but the person who has been given that name. Bitcoin or cryptocoin is a representation name of financial product call asset or money or currency. It is unique and ledgered by index number known as coin.

After this explation if you do not understand you may need some more help.

Your rant is showing you're pissed off. But that's because you created things in your mind.

First, I said that Nakamoto lied in the Whitepaper. Not that they are a lier. Lier is a personal feature. There's no person that could be accused of such feature. No one knows who Nakamoto is. So, you're imagining things.

Second, what you did in the rest of the rant is interesting. You rightly distinguished a thing(money - property, product, service... from a number (math abstraction) that is used to express the quantity of the thing, but you didn't say what thing do you own in the quantity of, for e.g. "10" when the number 10 is attributed to your address in the Nakamoto's system. You just used generic terms: currency, money, asset. And you did that because there's NOTHING expressed with the number 10. Bitcoin/coin/asset/money/currency ... is nowhere in the Nakamoto's system. This system manages numbers. It's a primitive communication system. It has nothing to do with payments. It's simply a means for people to access modern pyramid-style scheme.

Payment method and ownership of property require a system which must be calculative mathematically and without numbers it is I.possible to calculate the bloody capitalism base financial product such as currency printed by the central Bank. All the central Bank are main pyramid scheme created by the plutocrats. We need to find a way to by pass those crook pyramid schemes of central Bank and Bitcoin and blockchain are the two components to challenge those evil central banking institutions. Government are scapegoats just for five years. You said Satoshi lied in the White Paper and you denying that you did not said that Satoshi is  liar. Funny !
Greatly funny !

Bitcoin is not pyramid but it is something simply new and innovative methods of payment system and new wealth, which you do know it but your job is to confuse other in this forum as you have been sponsored by Warren Buffet like Persons or bankers.

[Snowshow]

Nobody is insulting you here in this forum. It is you, who has insulted Satoshi Nakamoto by saying " satoshi nakamoto is a liar",

I am old enough to be your grand father. Now, I educating you about money, economics, coin, bitcoin and number.

Money, is property, product and services. To count money you need numbers and math. Economics is the faculty in relation to financial system and its broader scales of literacy. Coin is something round in English it is known as coil. Example gold coin or slver coin. Bitcoin is digital and math base counting unit of cash as well as an electronic service system. It is a financial product. Now your problem is how number can become a coin ?  Numbers are the representation unit of calculation which is an index. In economic sense Bitcoin literally is an economic index number which is computationally mined by logic base algorithm. To understand it simply you need some education. You know who is your father ?  He has a name. Now your father is not really that name but the person who has been given that name. Bitcoin or cryptocoin is a representation name of financial product call asset or money or currency. It is unique and ledgered by index number known as coin.

After this explation if you do not understand you may need some more help.

Your rant is showing you're pissed off. But that's because you created things in your mind.

First, I said that Nakamoto lied in the Whitepaper. Not that they are a lier. Lier is a personal feature. There's no person that could be accused of such feature. No one knows who Nakamoto is. So, you're imagining things.

Second, what you did in the rest of the rant is interesting. You rightly distinguished a thing(money - property, product, service... from a number (math abstraction) that is used to express the quantity of the thing, but you didn't say what thing do you own in the quantity of, for e.g. "10" when the number 10 is attributed to your address in the Nakamoto's system. You just used generic terms: currency, money, asset. And you did that because there's NOTHING expressed with the number 10. Bitcoin/coin/asset/money/currency ... is nowhere in the Nakamoto's system. This system manages numbers. It's a primitive communication system. It has nothing to do with payments. It's simply a means for people to access modern pyramid-style scheme.

Payment method and ownership of property require a system which must be calculative mathematically and without numbers it is I.possible to calculate the bloody capitalism base financial product such as currency printed by the central Bank. All the central Bank are main pyramid scheme created by the plutocrats. We need to find a way to by pass those crook pyramid schemes of central Bank and Bitcoin and blockchain are the two components to challenge those evil central banking institutions. Government are scapegoats just for five years. You said Satoshi lied in the White Paper and you denying that you did not said that Satoshi is  liar. Funny !
Greatly funny !

Bitcoin is not pyramid but it is something simply new and innovative methods of payment system and new wealth, which you do know it but your job is to confuse other in this forum as you have been sponsored by Warren Buffet like Persons or bankers.

Your personal opinions on fiat currencies or on me are irrelevant here. Fiat currencies are debt units. Debt is something that exist and that is returned as explained in OP. End of story.  What is important here is that none of you who use the word "bitcoin" as some mantra, are able to actually show bitcoins. You simply believe in Nakamoto's Whitepaper, just like children believe in fairytales about unicorns. Sure you can write down numbers in some database and then claim that this is the quantity of unicorns or coins, but that's just doing and talking nonsense. Saying that this is some kind of alternative to banks that create, manage, secure, and collect debt, is craziness of a high order.