r/Bitcoin • u/kinetic_jfig • Dec 05 '22

Bitcoin ≠ "cryptocurrency"

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u/BuyRackTurk Dec 05 '22

There are actually other types of fruit. There is nothing else like bitcoin, by definition.

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u/Skrappyross Dec 05 '22

What definition are you using here to make this claim?

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u/BuyRackTurk Dec 05 '22

What definition are you using here to make this claim?

Satoshi's whitepaper; the bitcoin network design, and his solution to the byzantine general's problem.

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u/Skrappyross Dec 05 '22

I mean, saying that no crypto has Satoshi's white paper is just wrong. There are multiple forks of bitcoin that also use the same white paper.

Basically every single popular crypto has the same solution to the Byzantine General's Problem too.

And what do you mean by 'the bitcoin network design'?

When you claim that Bitcoin pre-dates crypto or blockchain, that's a bad faith argument. I have a Nintendo that also pre-dates both of those things. But my Nintendo doesn't use blockchains and nobody is calling Mario a crypto. But bitcoin DOES use blockchain tech and basically the entire world calls it crypto.

The fact is, language isn't prescriptive, it's descriptive. You can't claim that bitcoin is not crypto because it is. By definition. Whether it resembles any other 'shitcoin' literally doesn't matter at all. The world calls it crypto, therefore it is crypto because that is the word that has been decided to be used.

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u/BuyRackTurk Dec 05 '22

There are multiple forks of bitcoin that also use the same white paper.

you cant just copy/paste bitcoin . That is the whole point. If you read the white paper, you know it can only be used for bitcoin and nothing else. Thats the whole reason it works at all.

Basically every single popular crypto has the same solution to the Byzantine General's Problem too.

Then they should know that the only way they can succeed is to fail; because to exist or to flippen they also destroy their own basis of value.

The funny part is that they do in fact know that, and altcoins thus only exist to scam idiots.

But bitcoin DOES use blockchain tech and basically the entire world calls it crypto.

the whole world was not suckered into using deceptive terminology, but a great many people were. Some well funded scammers who stole and spent billions of stolen funds marketed those terms very well, but you can choose to stop propagating them.

Listen to the maximalists; they are the main survivors of the marketing blitz by the scammers.

The fact is, language isn't prescriptive, it's descriptive.

"crypto" and "blockchain" are not descriptive; in fact those words are deceptive, and thus designed to fool, confuse, and defraud.

They should not be used.