Comments on the "Bitcoin Black Paper" (Why Bitcoin is Worth Exactly 0)

johnarb said:
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My posts are clear, no need to ask me. There are many words and points are reiterated several times

It is a theory that was circulating on Reddit since 2013. You can look for it r/Bitcoin
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Well your rabid support of Bitcoin is always clear. Your posts are not. Less than full clarity can be said about anybody’s post not only yours.

Even here it seems you are equivocating by attributing the Chinese psyops theory to Reddit circa 2013. I asked if that was your theory in the sense of is that what you believe, not in the sense of do you own the copyright. In any case, I’m going to take that as a yes.

I consider your posts about Bitcoin worth noting. Without drawing any conclusions for now, I will mentally file the psyops theory of yours/Reddit with what I learned from other sources.
 
savoir said:
Well your rabid support of Bitcoin is always clear. Your posts are not. Less than full clarity can be said about anybody’s post not only yours.

Even here it seems you are equivocating by attributing the Chinese psyops theory to Reddit circa 2013. I asked if that was your theory in the sense of is that what you believe, not in the sense of do you own the copyright. In any case, I’m going to take that as a yes.

I consider your posts about Bitcoin worth noting. Without drawing any conclusions for now, I will mentally file the psyops theory of yours/Reddit with what I learned from other sources.
More...

I tend to repeat the same thing over and over as English is my second language and I fear that I use words that are ambiguous so by restating it with different words, would clear up the message I'm trying to convey

  • Yes, we have long suspected that China was amassing Bitcoins since 2013
  • It's on Reddit and Bitcointalk forum history
  • I would not keep repeating something over and over if I did not believe it myself
If China owns a lot of Bitcoins, it would make sense that they will not be trying to destroy it. If nothing else, it's another asset that they hold same with gold or US treasuries

I have not watched the video, I will watch it after this post, but it is not that important since neither one of us can prove whether 1. China owns billions of $ worth of Bitcoin and 2. China does not want to destroy Bitcoin and the banning of Chinese Bitcoin miners is to support the decentralization of the Bitcoin network

Unless you can prove that you are part of CCP or President Xi's inner circles and thus tell us what exactly China's plans are

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Savoir, I consider you a neutral party to Bitcoin per our previous exchange and I show you respect and do not attack you

I am here on the crypto assets forum and I'm very honest of my intentions to only post support for Bitcoin and crypto assets. I also defend Bitcoin from fud as you can see with the exchange with VicBee that you interjected yourself in the middle

VicBee has been politicizing Bitcoin with his recent posts on the Crypto Assets forum, but Bitcoin has no political views, it is only software

upload_2022-5-7_20-55-44.png


I also post a lot of positive news about development in the global adoption and growth of Bitcoin and crypto assets on the Crypto Assets forum

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If you are neither short nor long Bitcoin and other crypto assets then why the fuck do you use words such as rabid, or say that you consider my posts about Bitcoin worth nothing or try to argue with me about unprovable theories and belittle my theories that I have added "imho" (in my humble opinion)?

You don't like my dedication to Bitcoin and crypto assets, go pound sand, but I would prefer to not exchange harsh words with you
 
johnarb said:
I tend to repeat the same thing over and over as English is my second language and I fear that I use words that are ambiguous so by restating it with different words, would clear up the message I'm trying to convey

  • Yes, we have long suspected that China was amassing Bitcoins since 2013
  • It's on Reddit and Bitcointalk forum history
  • I would not keep repeating something over and over if I did not believe it myself
If China owns a lot of Bitcoins, it would make sense that they will not be trying to destroy it. If nothing else, it's another asset that they hold same with gold or US treasuries

I have not watched the video, I will watch it after this post, but it is not that important since neither one of us can prove whether 1. China owns billions of $ worth of Bitcoin and 2. China does not want to destroy Bitcoin and the banning of Chinese Bitcoin miners is to support the decentralization of the Bitcoin network

Unless you can prove that you are part of CCP or President Xi's inner circles and thus tell us what exactly China's plans are

-----------

Savoir, I consider you a neutral party to Bitcoin per our previous exchange and I show you respect and do not attack you

I am here on the crypto assets forum and I'm very honest of my intentions to only post support for Bitcoin and crypto assets. I also defend Bitcoin from fud as you can see with the exchange with VicBee that you interjected yourself in the middle

VicBee has been politicizing Bitcoin with his recent posts on the Crypto Assets forum, but Bitcoin has no political views, it is only software

View attachment 284024

I also post a lot of positive news about development in the global adoption and growth of Bitcoin and crypto assets on the Crypto Assets forum

-----------

If you are neither short nor long Bitcoin and other crypto assets then why the fuck do you use words such as rabid, or say that you consider my posts about Bitcoin worth nothing or try to argue with me about unprovable theories and belittle my theories that I have added "imho" (in my humble opinion)?

You don't like my dedication to Bitcoin and crypto assets, go pound sand, but I would prefer to not exchange harsh words with you
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You are debating with a figment of your imagination. I made no statement about who is holding what. I doubted your insight about China. That doesn’t mean I’m claiming I have inside information.

I posted a video that provides plausible explanations that differ from the ones you give about China’s motivation. You don’t have to like it or agree with it. No need to turn my posting it into a federal case.
 
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savoir said:
You are debating with a figment of your imagination. I made no statement about who is holding what. I doubted your insight about China. That doesn’t mean I’m claiming I have inside information.

I posted a video that provides plausible explanations that differ from the ones you give about China’s motivation. You don’t have to like it or agree with it. No need to turn my posting it into a federal case.
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I only claimed to have a theory that China may own a lot of Bitcoins and that China is a friend (supports Bitcoin) when they pushed out the Bitcoin miners which helped the decentralization of the Bitcoin network, imho

You can search why Bitcoin miners being out of China is being celebrated as positive by Bitcoiners

Dead giveaway is Pekelo stopped fudding Bitcoin with China Bitcoin mining control which Pekelo has been posting about for years

I never claimed to be an expert on China, only that I have a theory imho

upload_2022-5-7_22-26-35.png
 
johnarb said:
VicBee has been politicizing Bitcoin with his recent posts on the Crypto Assets forum, but Bitcoin has no political views, it is only software
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Is that like, guns don't kill people, people kill people? Stating that BTC is only software is either naïve or deliberately avoiding reality.

What you also avoid is addressing my point if BTC is allowed to operate outside government oversight:
The problem is your anarchist or libertarian inclinations also suit narco traffickers, prostitution rings, arms dealers, corrupt government officials and corporate thieves quite well and they're willing to put their money where your mouth is.
 
VicBee said:
Is that like, guns don't kill people, people kill people? Stating that BTC is only software is either naïve or deliberately avoiding reality.

What you also avoid is addressing my point if BTC is allowed to operate outside government oversight:
The problem is your anarchist or libertarian inclinations also suit narco traffickers, prostitution rings, arms dealers, corrupt government officials and corporate thieves quite well and they're willing to put their money where your mouth is.
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Ahh, you repeated it again, so it must be true. How are you going to prove that what you post is true?

How am I going to prove that it is untrue?

I won't repeat my disrespectful words. I'll let you have the last post on this thread if you'd like
 
johnarb said:
Ahh, you repeated it again, so it must be true. How are you going to prove that what you post is true?

How am I going to prove that it is untrue?

I won't repeat my disrespectful words. I'll let you have the last post on this thread if you'd like
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This isn't about truth but possibility and likelihood. I'm not trying to be combative, only pushing the reasoning of those who support BTC for its libertarian/anarchist extra governmental capability. I think I was clear enough about how BTC can evolve within democratic oversight. At the end of the day, I'm invested in BTC and other cryptos, wish it to succeed, but want to make it palatable to the great majority who believe in government.
 
I must confess, I did not expect this thread to blow-up so much when I posted it. That said, my two cents here on Taleb.

I don't exactly agree with him on a lot of things with crypto. However, I do confess he no doubt knows a lot more than me on many things financially. I like (most) his books and hopefully he will write some more. Even if he bashes crypto in the next one I will be happy to give it a read.
 
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