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Author Topic: Article: Why Bitcoin is the Most Nonsensical Thing Ever  (Read 1039 times)
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August 25, 2022, 09:03:10 PM
 #81

You know, the same as I, and the same as everyone else who read the OP, that bitcoins don't exist.
Speak only for yourself my friend, because I and everyone knows vividly well that Bitcoin exist, and has come to stay forever as a decentralized digital currency


Quote
There's no person on Earth that saw anything else in their wallet but numbers.
So what actually were you expecting to see in your wallet? Is it your wife's head? Or your dog's head? Or your daughter's head? Or what exactly instead of numbers. Because I'm eager to know


Quote
The whole system, on the other hand, just stores data from which those numbers are calculated. So factually, there are no electronic coins called bitcoins.
So if there is nothing as Bitcoin, why not leave us alone, because we are happy using Bitcoin whether it is an electronic coin or not.. please.. we are happy the way we are


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There's nothing in the ownership of number holders that would be counted with that numers.
But the same number has made a lot of people billionaires, living a comfortable life, and also giving you sleepless nights everyday, to rather come to this forum to post nonsense

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August 25, 2022, 09:13:46 PM
 #82

I have one simple question for you: "what is bitcoin"? What are you offering me to buy?

I'm not offering you bitcoin, just saying that if I ever happen to sell it to you, I'll be fine with signing a piece of paper saying that I did, because you seem to be attached to invoices and seem to think that if it's signed it becomes "real".

You don't know what bitcoin is? Do you want a link to the white paper? There's s good explanation on investopedia, bitcoin.org and other sites. I also recommend Andreas Antonopoulos on youtube.
So, you are unable to define bitcoin. Just as I thought. If an invoice has 10 iPhone 13 written on it, I have no problem defining what I am selling. The same is true for everything else, from stocks/equities that have quantity written on brokerage accounts or stock certificates, to debt that has quantity written on bank accounts or banknots. But you people are making up your own definitions of bitcoin and all are different. Instead of just admitting that Nakamoto invented nonsense you're acting like some clowns.
It has been defined, described, explained to you countless times, by many, over and over again, and every which way.  Yet it seems it is you who are unable to understand.

Or, rather, it is you who are pretending to not understand, and therefore you are maliciously just wasting people's time on purpose.
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August 26, 2022, 03:25:02 AM
Last edit: August 26, 2022, 09:05:41 AM by Snowshow
 #83

I have one simple question for you: "what is bitcoin"? What are you offering me to buy?

I'm not offering you bitcoin, just saying that if I ever happen to sell it to you, I'll be fine with signing a piece of paper saying that I did, because you seem to be attached to invoices and seem to think that if it's signed it becomes "real".

You don't know what bitcoin is? Do you want a link to the white paper? There's s good explanation on investopedia, bitcoin.org and other sites. I also recommend Andreas Antonopoulos on youtube.
So, you are unable to define bitcoin. Just as I thought. If an invoice has 10 iPhone 13 written on it, I have no problem defining what I am selling. The same is true for everything else, from stocks/equities that have quantity written on brokerage accounts or stock certificates, to debt that has quantity written on bank accounts or banknots. But you people are making up your own definitions of bitcoin and all are different. Instead of just admitting that Nakamoto invented nonsense you're acting like some clowns.
It has been defined, described, explained to you countless times, by many, over and over again, and every which way.  Yet it seems it is you who are unable to understand.

Or, rather, it is you who are pretending to not understand, and therefore you are maliciously just wasting people's time on purpose.

Hahaha. What is there to understand if you all gave different definitions? You people show, with literally every post, that you don't have a clue what bitcon is. You're literally ignoring the definition made by the guy who created the whole thing. Satoshi Nakamoto defined coin in the Bitcoin Whitepaper as this: "chain of digital signatures". That's the definition of a coin, that's the definition of a thing that people later started to call bitcoin. So when you buy 10 bitcoins you bought 10 "chains of digital signatures". When you buy 50 bitcoins you bought 50 "chains of digital signatures". But wait... there's only one chain. It is recorded on the blockchain. And that record is free for everyone. Everyone can download it and calculate how many coins an address owns or what addresses signed the transactions. So essentially, the system via your addresses is showing you how many peaces of a thing that is single, and available for free to anyone, you own. Do you see how stupid that is? Do you see the stupidity this person Nakamoto wrote? It is no wonder you all have different definitions of bitcoin.

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August 26, 2022, 04:58:22 PM
 #84

There's no person on Earth that saw anything else in their wallet but numbers. The whole system, on the other hand, just stores data from which those numbers are calculated. So factually, there are no electronic coins called bitcoins. There's nothing in the ownership of number holders that would be counted with that numers.

So, why are you lying? What are you trying to achieve?
Why does it have to be a lie if it is only in digital numbers? Does that mean all the digital numbers I see on my bank account is a fake? You may think that "You can withdraw it at least" but can Elon Musk really withdraw billions? Of course not. This is why I believe that we shouldn't really be focusing on what you can hold in your hands.

There are many things that you can't "see" and real, like virus we just had for the past 3 years, you can't see it, you need to use a machine to see it, and yet we know it's real. Or you can have feelings, anger is real, but can't be held in your hand, and it's still real. Do not put emphasis on the material, keep a feeling towards the things that are in our minds as well, they have value.

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August 27, 2022, 12:43:39 AM
 #85

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
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August 27, 2022, 04:42:05 AM
Last edit: August 27, 2022, 04:55:58 AM by Snowshow
 #86

There's no person on Earth that saw anything else in their wallet but numbers. The whole system, on the other hand, just stores data from which those numbers are calculated. So factually, there are no electronic coins called bitcoins. There's nothing in the ownership of number holders that would be counted with that numers.

So, why are you lying? What are you trying to achieve?
Why does it have to be a lie if it is only in digital numbers? Does that mean all the digital numbers I see on my bank account is a fake? You may think that "You can withdraw it at least" but can Elon Musk really withdraw billions? Of course not. This is why I believe that we shouldn't really be focusing on what you can hold in your hands.

There are many things that you can't "see" and real, like virus we just had for the past 3 years, you can't see it, you need to use a machine to see it, and yet we know it's real. Or you can have feelings, anger is real, but can't be held in your hand, and it's still real. Do not put emphasis on the material, keep a feeling towards the things that are in our minds as well, they have value.
Numbers exist in books, articles, on invoices, bank or brokerage accounts, banknotes, signs, everywhere. The fact that there are numbers mean nothing. What is important is what the numbers inform people. In Nakamoto's system they inform them that they own xx pieces of "chain of digital signatures". Which is stupidity never seen in human history. Because that chain is only one, it is freely available to everyone, and one can make as many copies of it as they want.
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August 27, 2022, 05:25:44 AM
 #87

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
Currency is a word. They don't exchange word but numbers. You talk nonsense.
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August 27, 2022, 01:28:51 PM
 #88

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
Currency is a word. They don't exchange word but numbers. You talk nonsense.

I hope you are sweating somewhere with your little nylon tie nailed to a counter in a bank with Warren Buffet farting in your mouth.

 Grin
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August 27, 2022, 05:55:35 PM
 #89

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
Currency is a word. They don't exchange word but numbers. You talk nonsense.

I hope you are sweating somewhere with your little nylon tie nailed to a counter in a bank with Warren Buffet farting in your mouth.

 Grin
You cannot insult me with things that you create in your imagination. All you do in that way is presenting yourself. But I think that nobody here is interested in your fantasies about Warren Buffet farting.
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August 27, 2022, 08:27:49 PM
 #90

Everything... but I truly mean EVERYTHING you have written, including the little sources under the post and your Wordpress link with 2 google ads in there and some ''nice try'' trust links.... All that effort... all that garbage for a few cents of Adsense revenue...

You truly, are one of the weirdest people, with balls, I'd admit that, to post this utter el garbo on here. I don't even know where to start debunking your statements.


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August 27, 2022, 09:18:41 PM
 #91

In Nakamoto's system they inform them that they own xx pieces of "chain of digital signatures". Which is stupidity never seen in human history. Because that chain is only one, it is freely available to everyone, and one can make as many copies of it as they want.

Oh you finally understand that a bitcoin is actually linked to the blockchain and therefore a unique thing that you can actually be in control of. Only because it did not exist before does not mean it is stupid.
Yes you can also make copies of a dollar bills as many times as you want, but it will not be linked to the original thing as you said yourself before. It will be worthless.
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August 28, 2022, 04:38:52 AM
Last edit: August 28, 2022, 04:54:13 AM by Snowshow
 #92

Everything... but I truly mean EVERYTHING you have written, including the little sources under the post and your Wordpress link with 2 google ads in there and some ''nice try'' trust links.... All that effort... all that garbage for a few cents of Adsense revenue...

You truly, are one of the weirdest people, with balls, I'd admit that, to post this utter el garbo on here. I don't even know where to start debunking your statements.


There's nothing to debunk. Truth cannot be debunked. But I'll admit. I'm pretty bad in presenting truth. Because if the truth about Bitcoin were presented the right way you people wouldn't even respond. Because you would realize, in what stupidity you all have been participating. And out of pure shame you would say nothing. You all would be quiet like a fish.

In Nakamoto's system they inform them that they own xx pieces of "chain of digital signatures". Which is stupidity never seen in human history. Because that chain is only one, it is freely available to everyone, and one can make as many copies of it as they want.

Oh you finally understand that a bitcoin is actually linked to the blockchain and therefore a unique thing that you can actually be in control of. Only because it did not exist before does not mean it is stupid.
Yes you can also make copies of a dollar bills as many times as you want, but it will not be linked to the original thing as you said yourself before. It will be worthless.
No, I finally read the Whitepaper. And realized that the whole thing is more stupid than I ever could have imagined.
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August 28, 2022, 01:25:04 PM
 #93

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
Currency is a word. They don't exchange word but numbers. You talk nonsense.

I hope you are sweating somewhere with your little nylon tie nailed to a counter in a bank with Warren Buffet farting in your mouth.

 Grin
You cannot insult me with things that you create in your imagination. All you do in that way is presenting yourself. But I think that nobody here is interested in your fantasies about Warren Buffet farting.

You are George Soros's PA, & your anus is in tatters.
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August 29, 2022, 05:15:21 AM
 #94

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
Currency is a word. They don't exchange word but numbers. You talk nonsense.

I hope you are sweating somewhere with your little nylon tie nailed to a counter in a bank with Warren Buffet farting in your mouth.

 Grin
You cannot insult me with things that you create in your imagination. All you do in that way is presenting yourself. But I think that nobody here is interested in your fantasies about Warren Buffet farting.

You are George Soros's PA, & your anus is in tatters.
So, how do you comment the fact that you people are investing labour, services,  products, assets and other resources in order for Nakamoto's system to write down next to your addresses that you own a specific amount of bitcoins, although bitcoin (chain of digital signatures) is only one and free for everyone to download?  
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August 29, 2022, 08:40:56 AM
 #95

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
I read op post and have discovered quiet a lot of things and I have arrived at a conclusion that ops is not ready to unlearn what he think and believe about Bitcoin and it creator Satoshi Nakamoto and ops havhase continually defended his point without making out time to read and absorb the views and data presented by others. That been said
What make Bitcoin real is:
A: Bitcoin is transferable from peer to peer
B: Bitcoin transactions is verifiable using the transaction ID on blockchain.
C: Bitcoin have a dollar value on exchanges
D:  Bitcoin is decentralized that is Bitcoin does not have a central control and that is why it is a public ledger.
If with all this facts can not convince ops of the true nature of Bitcoin than I will leave ops to believe whatever he want to believe.makes
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September 05, 2022, 08:28:39 AM
 #96

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
I read op post and have discovered quiet a lot of things and I have arrived at a conclusion that ops is not ready to unlearn what he think and believe about Bitcoin and it creator Satoshi Nakamoto and ops havhase continually defended his point without making out time to read and absorb the views and data presented by others. That been said
What make Bitcoin real is:
A: Bitcoin is transferable from peer to peer
B: Bitcoin transactions is verifiable using the transaction ID on blockchain.
C: Bitcoin have a dollar value on exchanges
D:  Bitcoin is decentralized that is Bitcoin does not have a central control and that is why it is a public ledger.
If with all this facts can not convince ops of the true nature of Bitcoin than I will leave ops to believe whatever he want to believe.makes
Nakamoto disagrees with you. In the Whitepaper they defined bitcoin as a chain of digital signatures. That chain is recorded as a common record and freely available to everyone. Nobody transacts with it. It has no dollar value. That what you call a transaction is attribution of numerical value to an address and adding of it to the chain. It's just playing with numbers, not transacting.
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September 05, 2022, 08:39:24 AM
 #97

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
I read op post and have discovered quiet a lot of things and I have arrived at a conclusion that ops is not ready to unlearn what he think and believe about Bitcoin and it creator Satoshi Nakamoto and ops havhase continually defended his point without making out time to read and absorb the views and data presented by others. That been said
What make Bitcoin real is:
A: Bitcoin is transferable from peer to peer
B: Bitcoin transactions is verifiable using the transaction ID on blockchain.
C: Bitcoin have a dollar value on exchanges
D:  Bitcoin is decentralized that is Bitcoin does not have a central control and that is why it is a public ledger.
If with all this facts can not convince ops of the true nature of Bitcoin than I will leave ops to believe whatever he want to believe.makes
Nakamoto disagrees with you. In the Whitepaper they defined bitcoin as a chain of digital signatures. That chain is recorded as a common record and freely available to everyone. Nobody transacts with it. It has no dollar value. That what you call a transaction is attribution of numerical value to an address and adding of it to the chain. It's just playing with numbers, not transacting.

It seems that you are not actually analyzing Nakamoto's product (bitcoin) itself, but just the whitepaper. Of course the whitepaper has generalizations which let you do things like divide by zero, because he whole point of making a whitepaper is to give a summary to non-technical laymen like you.

The fact that you think the whitepaper is the only substance of the Bitcoin blockchain shows the flaw in your thinking. And no amount of "you're mistaken, bitcoin is just a balance on the internet"'s is going to change that.

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September 05, 2022, 02:37:16 PM
 #98

To OP - of course they exchange numbers. That's why it is a DIGITAL currency. If they exchanged something other than numbers, it would be analog.
I read op post and have discovered quiet a lot of things and I have arrived at a conclusion that ops is not ready to unlearn what he think and believe about Bitcoin and it creator Satoshi Nakamoto and ops havhase continually defended his point without making out time to read and absorb the views and data presented by others. That been said
What make Bitcoin real is:
A: Bitcoin is transferable from peer to peer
B: Bitcoin transactions is verifiable using the transaction ID on blockchain.
C: Bitcoin have a dollar value on exchanges
D:  Bitcoin is decentralized that is Bitcoin does not have a central control and that is why it is a public ledger.
If with all this facts can not convince ops of the true nature of Bitcoin than I will leave ops to believe whatever he want to believe.makes
Nakamoto disagrees with you. In the Whitepaper they defined bitcoin as a chain of digital signatures. That chain is recorded as a common record and freely available to everyone. Nobody transacts with it. It has no dollar value. That what you call a transaction is attribution of numerical value to an address and adding of it to the chain. It's just playing with numbers, not transacting.

It seems that you are not actually analyzing Nakamoto's product (bitcoin) itself, but just the whitepaper. Of course the whitepaper has generalizations which let you do things like divide by zero, because he whole point of making a whitepaper is to give a summary to non-technical laymen like you.

The fact that you think the whitepaper is the only substance of the Bitcoin blockchain shows the flaw in your thinking. And no amount of "you're mistaken, bitcoin is just a balance on the internet"'s is going to change that.
So, what is BTC? When you got for e.g. 2 attributed to your address, what did you become the owner of? What thing, what resource in the quantity of 2? Well you know ... nothing. Nakamoto gave you a system where you play with numbers. And then you imagine you're trasacting with something in the quantity of that numbers, with this BTC. But  there's no BTC. Hence the nonsensical definition of a coin in the Whitepaper.
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September 05, 2022, 02:48:49 PM
 #99

There is a great article on the subject of BTC, HOLD or not to HODL on www.rimo.digital.
I don't think this is non-sense, it's the future of currency.

https://rimo.digital/2022/06/07/bitcoin-hodl/
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September 05, 2022, 03:45:43 PM
 #100

There is a great article on the subject of BTC, HOLD or not to HODL on www.rimo.digital.
I don't think this is non-sense, it's the future of currency.

https://rimo.digital/2022/06/07/bitcoin-hodl/

HOLD what? What do you people hold? You have a system that attaches numeric values to addresses. So, what do you hold?
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