Indeed.
That’s why I was repeating “it’s a ponzi” . Because it was.
You see, once you understand what the term actually means, you can understand what I was actually talking about. But as long as you were in that fanatism “BTC is the future” there was no point arguing with you.
So my point was, that YOU were helping those guys make money buy over promoting BTC without the knowledge required to criticize the situation.
You were manipulated into doing so, by techno BS.
I’ve already agreed that salesmen and investors used BTC as part of their ponzi and that’s as far as I will go. History shows us blatantly that many things are used as part of a ponzi. This still does not make BTC on it’s own a ponzi.
I still believe a digital currency managed by the people is the future, weather it’s BTC or another digital coin.
I can see we are just going to go into our back and fourth which isn’t productive,
This is a nonsense. BTC on its own can’t be a ponzi. Because a ponzi refers solely to an investment. So when I say it’s a ponzi, I talk about BTC as an investment.
But since you did not understand what a ponzi is but still claimed it’s not, then there was no point talking with you. You were proud of your ignorance and required over simplified terms to groom your back, not accepting the complex reasoning that proved this was one. It was stupidity that made you claim this was not a ponzi. You were too happy to be in the “good” team, the one “in the future”, who promoted “social concerns”. Blinded by your ignorance.
More things become digital. No reason yet to not be the same wrt money.
Well yes, now you can read that again with the understanding that I was right, and you were wrong. That you were wrong from the beginning. That you called me an ignorant, that you claimed things to be facts when they were only opinions that you agreed on. Now you can count the hundreds of times you were wrong in that topic.
And maybe you can learn to not insult people when you don’t understand what they’re talking about. Because that’s what growing up entails.
I somewhat agree, only because current investors were making it look like BTC would take off due to billions of people suddenly using it for retail which isn’t the case. BTC is still a great investment ONLY for experienced investors that have a full understanding that BTC will take a long time to be widely adopted. BTC is not really an investment for normal people who might need their money as fiat within the next couple of years because they want to send their kids to university for example.
I don’t think you talk straight, It’s impossible to be right when you have so many of the facts wrong, Everyone can see what you have written here (in this entire thread) and it’s apparent that you lack understanding of what BTC is and it’s function, (you said TCP/IP can do what BTC does for example) you must understand that you are wrong on some things and this is where the back and fourth comes from, you seem to have an issue admitting you are wrong. Accept that you still have learning to do regarding what BTC is. Don’t bother going back and fourth with me on this point. Based on what you yourself have written about BTC it is very clear to knowledgeable people that you were wrong. Any back and forth on this point will be completely ignored.
I didn’t understand what you were talking about because you were wrong on a few things which I will never get on board with. You were wrong about the technical workings of BTC and you were told as such. People only listen to others when they are factually right which you obviously know because you are a grown adult.
No it’s not.
BTC does not provide any added value. It’s not a company that can give you report on its work and a proof people inside are not doing stupid things on a whim.
Any claim that it’s a good investment is part of a ponzi.
If you consider the usage is interesting, then use it. But the reality is, you don’t know if BTC can keep working in the future. There are a lot of issues, and as someone else said people are already avoiding it for actual payments, because it’s too expensive and too slow. Lightning is not BTC, if people use lightning it means they don’t use BTC.
Read again. That’s not exactly what I wrote. You are distorting my words, claiming I wrote only this is a plain lie and defamation.
Again, you make up claim that are nonsensical. It only shows your lack of understanding of what I wrote.
I am not. YOU don’t understand what I wrote, does not mean that what I wrote is wrong.
YOU are the one being wrong, for the sole reason your brain can’t accept reality.
Where exactly ? It’s easy to pretend other people are wrong. It’s harder to prove they are.
I proved already you were. Don’t try to claim I am the one who could not accept BTC was a ponzi.
It’s there for me to go back and quote, feel free to type what you meant when you mentioned TCP/IP and BTC. Are you now trying to say you never mentioned TCP/IP and BTC in the same sentence? The floor is yours, feel free to explain yourself so that I can understand why you mentioned TCP/IP and BTC.
That is my belief based on what you wrote, as I said feel free to explain yourself when you mentioned TCP/IP and BTC. The floor is yours and you have my full attention. You now have an opportunity to clarify what you meant. But for some reason I just think you will continue with your nonsense back and fourth instead of clarifying what you said. Prove me wrong and explain yourself!
I already did. You’re just not reading what does not go in your direction.
That’s dishonest. You are a liar when you pretend I only wrote that they are the same.
I’m saying you are a liar. Nothing more, nothing less.
I already did several times, you just don’t read. Seems like you are a complete idiot so there is no point tyo explain you things you don’t want to understand.
You were wrong, but now you become a liar.
No it’s not based on what I wrote. It’s based on what you want to believe.
Read again what I actually wrote. You are wrong, again, and it makes you a liar and your words defamation because your claim about my acts are not based.
I am very confused about what you wrote here, are you able to explain yourself further as what you wrote here seems inaccurate? Or are you happy to just leave me misunderstanding what you actually meant?
For the record, here is exactly what I wrote.
I asked you to technically explain it, are you able to do that? if you fail to explain yourself I will still misunderstand you.
There is nothing to explain.
Nowhere in that quote do I pretend that TCP and BTC are the same thing.
You are just lying when you pretend
That’s all.
You are saying something completely stupid.
You are the one pretending I made such a claim. You can’t prove it. So it’s defamation on your part.
You are LYING. The facts you claim as such do not actually exist.
I’ve withdrawn that conclusion and am now asking you directly what you meant, are you able to provide an answer?
So asking you to clarify what you meant is me lying? I don’t think so. I’ve withdrawn that conclusion and am now asking you directly what you meant, are you able to provide an answer? or is it just going to be more nonsense back and fourth?
Dude if you don’t understand what I wrote, I can’t teach you because there is nothing more to understand than exactly what is written.
What I wrote is simple, non ambiguous.
You’ve not, you repeated claimed I wrote such a thing while I did not.
I simply quoted what you yourself typed and asked you to explain? is that a crime? The slate is clear and you have an opportunity to fully explain what you mean in greater detail.
Just in case you don’t understand what “it” refers to :
The first “it” is the purpose of verifying transactions.
The second and next “it” is the system.
Your system with BTC does not “verify” transactions. A BTC node only checks its input consistency, which any computer with a tcp/ip stack does.
@Karak_Terrel what do you think of this?
I don’t think this is accurate so my conclusion is you don’t have a full understanding of how BTC works. I’m asking karak because he has experience with this and I believe he has already saidd you are wrong on this point.
“The TCP/IP Stack works just like the OSI model by establishing a set of rules and standards for communication in and between the different layers . These rules ensure that different products can communicate with each other because they are developed around the same guidelines.”
According to the OSI model, the BTC system is on the application layer, and the TCP/IP stack is part of the transport layer. It’s a communication standard.
NO. You are lying again.
You repeatedly pretended I wrote things that I did not write, even after I told you that was wrong.
THAT is defamation.
I have no reason to spend time explaining you what I wrote. You were wrong, you were insulting, and you made me waste my time with your stupidity, by distorting what I actually wrote.
You are culprit of being a troll.
I don’t give a poop. The point is, you repeatedly insulted me and practiced defamation for the sole reason I did not agree with your stupid comments.
Your lack of ability to actually detect what is fact and what is opinion prevents you from participating in any serious discussion. You debilitating delusion doubles down on your lacks in logics and listening.
Which is why I can’t agree with you fully as you don’t seem to care if you are wrong, do you understand now.?
Type what you like, I can’t agree with someone who doesn’t know what they are talking about.
No. You can’t agree with me because you can’t understand what I’m saying.
You claimed that I Wrote things that I did not write.
That’s defamation.
So any thing you say based on defamation is useless.
Don’t pretend people should accept you being a liar an doing defamation when people disagree with you. That’s more stupidity.
You try to avoid your responsibility by changing the topic.
You can’t.
You’re a liar. You accept to claim things that you know wrong when it presents disagreeing people badly. That’s the definition of lying.
You should try and chill out buddy, I’m always wrong on a lot of things, being wrong enables us learn about something and move forward. A friend of mine went went to do a first aid test and scored 8/10 they was a bit upset that they didn’t get 10/10 so I said that they are now in a better position to know what they need to revise further, it turns out there is a difference in the CPR you would give to a child and adult. My friend studied this further and got a clear understanding of why it is done in such a way.
All we can do is learn.