Post by twetch#1838

165ggu…gEQT Key · twetch

Correction:
I see now it was a time-out, not a block

Still... the action shows yet again how stuck people are in their own brainwashed mind and how they automatically reject anything that points to things being different because they don't wanna be wrong

165ggu…gEQT Key · twetch

Quiz for @10201

Bitcoin is
a) Just MONEY
b) Just STORE OF VALUE
c) SYSTEM which provides utility & can act as
- P2P Payment Network with its own fixed supply Unit of Account
- Immutable Evidence Trail
- Data Storage
- Computation platform

What the chain says
Block
626 220
Time
2020-03-14T19:10:12Z
Signer
165ggu6voGX2oMvi4U6xTdSAGtd8aHgEQT
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#1838

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 165ggu6voGX2oMvi4U6xTdSAGtd8aHgEQT Verified

Replies (4)

165ggu…gEQT Key · twetch
Replying to@165ggu…gEQT

Correct answer to question to what Bitconi is, is that Bitcoin is a SYSTEM

FYI: System is Set or Rules

Bitcoin SYSTEM is defined by what?
a) Price
b) Hashing power
c) User Consensus
d) SET of RULES as defined in black-on-white in Bitcoin white paper

165ggu…gEQT Key · twetch
Replying to@165ggu…gEQT

If Bitcoin is to be (and remain) DECENTRALISED, power to change the system rules must be removed from everyone

Next Question

As Bitcoin SYSTEM rules are fixed (as defined in Bitcoin white paper)
Does change in PRICE or HASHING POWER change the system?

165ggu…gEQT Key · twetch
Replying to@165ggu…gEQT

No

PRICE, HASH POWER, or LABEL & TICKER symbol does NOT change how Bitcoin system works & does NOT change what Bitcoin is

This is why it doesn't matter if BTC is more expensive
It DOESN'T WORK AS BITCOIN therefore IT CANNOT BE BITCOIN

Not Rocket Science

165ggu…gEQT Key · twetch
Replying to@165ggu…gEQT

Analogy

If I change my name, it does not change who I am
If I change as a person (how I FUNCTION as a person) then I change

How Bitcoin FUNCTIONS is already defined & doesn't change

You have been mislead to think that price, ticker etc defines Bitcoin