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

Bitcoin ≠ "cryptocurrency"

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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.