Funny Islamic Topic. BITCOIN

Keep smiling- for further reading click Older Posts

or Home or Newer Posts

This Site is to make you smile all the way, keep browsing, You will find very funny stuff in the following posts total 46 posts are there for your Smile, so plz Click at Older Posts

Melamine Aurangabad MDF Machines  Engineer Dubai ishrat hussain 00971502788707- enggishrat@rediffmail.com

Aurangabad Melamine MDF Machines  Engineer Dubai ishrat hussain 00971502788707 -enggishrat@rediffmail.com

ألواح الميلامين في دبي ، الإمارات العربية المتحدة.

مهندس ألواح الميلامين في الامارات.

المهندس عيشرت حسين محمد من شركة أمصار لتصنيع الأخشاب في دبي ، الإمارات العربية المتحدة.

في منطقة جبل علي الصناعية في دبي.

Melamine Aurangabad MDF Machines  Engineer Dubai ishrat hussain 00971502788707- enggishrat@rediffmail.com

Aurangabad Melamine MDF Machines  Engineer Dubai ishrat hussain 00971502788707 -enggishrat@rediffmail.com

( For Medium duration videos about Islamic misconception please click this following Link...).

https://www.youtube.com/playlist?list=PLJxzJDRryG8RPcEH9NSBuVA9nTelZ36q0

https://youtube.com/playlist?list=PL3sgaKuBgLG2_nqoBuofuxiRBmvz8u-9R&si=crr0EEYV8B6d3uhT

-----------------------------------

The strangest thing about Bitcoin isn’t that it exists. It’s that, after more than a decade of headlines, hype, and supposed "education," most people, including the so-called experts, still have no idea what it actually is.

This includes the people who write books about it. The ones who publish academic papers. The regulators who try to define it. The influencers and investors and analysts who say it’s the future of money. They call it "money," "digital gold," "a commodity," "an asset class." But all of that is just talk. Storytelling. Fiction. No different than saying Bitcoin is a spaceship.

And in a story, Bitcoin can be whatever the storyteller wants. In its original story, the white paper, Bitcoin was "electronic cash."

But what is Bitcoin, really?

It’s this: a spreadsheet that assigns numbers to people. That’s it. People join the system, and get numbers next to their name. Later, they change those numbers by using a private key. Nothing is created. Nothing is transferred. Nothing is owned. Just numbers changing in a shared file.

There's no substance here that could be called money, an asset, digital gold, just as there's no substance that could be called a spaceship. There’s nothing in it that corresponds to anything. It’s just digits shuffled around by whoever holds a key.

That’s not a metaphor. That’s exactly what happens.

And yet, despite this being obvious, people keep insisting that there's something more in this. So, they tell stories. They say it’s like gold. Or like the early internet. Or a better kind of money. Or that it fixes inflation. Or that it’s a revolution. Or that banks also manage numbers, so this is just the same.

But that’s all story too. Every comparison, every metaphor, every analogy is just more fiction. "Banks also manage numbers" is not an argument, but useless claim like "mathematicians use numbers". It’s just a handwave to avoid asking the one question that matters: What is actually happening here?

And what’s happening is embarrassingly simple: A bunch of people are changing numbers in a spreadsheet and pretending that means something.

That’s it.

There’s no product. No service. No value being created or moved. No problem being solved. No ledger exists that tracks an item. Just a system where people cryptographically sign messages to alter the digits associated with them. And then talk endlessly about how they own something or how meaningful that supposedly is.

But it isn’t. Changing a 1 into a 2 doesn’t create value. It doesn’t transfer anything. It doesn’t solve anything. It signifies no ownership. Securing that change is as useless as securing air in a vault.

Even a child can understand this. A five-year-old knows that just typing a bigger number into a calculator doesn’t make you richer. But adults can’t see it when it’s wrapped in jargon and blinking charts and billion-dollar valuations.

So why don’t people understand Bitcoin?

Because if they did, they’d have to admit that they’ve been conned by something utterly empty. That they’ve put faith, time, and sometimes life savings into a system where nothing happens except pretend. And most people would rather believe a story than face that kind of embarrassment.

So they keep telling themselves tales. They keep fantasizing about Bitcoin being money. They keep calling it innovation. They keep calling it the future.

But the system doesn’t care. All it does is update numbers.

And that’s why so many people still don’t understand it.

Because to understand it… you have to stop pretending.

-------------------------------------------------

                                        Maolana Syed Abul Aala Maodudi Rahmatullah Alaeh

The Lucky Sandle of Prophet Mohammad PBUH

Birth Place of The Final Prophet PBUH

Hairs and tooth of the final prophet PBUH

A letter of the  final prophet PBUH

A vial full with the water which was used by the  final prophet PBUH for the ablution ( Wuoodhu )

The Internet is the Number One Distractor from Allah

                                                                                          prophet  Job PBUH

                                    Meeting place of Haz Moosa AS and Khizar As, (Green Man).

Hazrat Usman RAA's Quran

Hazrat Ali RAA's Quran Page

عام مسلمان تو عام مسلمان ، انڈیا کے سب سے بڑے سچچے مسلمانوں کی ایک تبلیغی

جماعت کے سب سے بڑے تعلیمی ادارے کے چانسلر کا بت پرستی

کے فروغ کا ایک زندہ ثبوت

زیر نظر تصویر میں جو دیوبند اسلامک یونیورسٹی کا چانسلر نظر

آرھا ھے نا ،وہ مکّه مدینہ کے امام کے رتبے کا آدمی ھے ، اور

اسکی منافقت دیکھو

مسلمانوں کے مضبوط قلعوں میں دشمنوں کے جاسوس

http://urdutahzeeb.net/articles/blog1.php?p=7724&more=1&c=1&tb=1&pb=1

Keep smiling- for further reading click Older Posts

or Home or Newer Posts

This Site is to make you smile all the way, keep browsing, You will find very funny stuff in the following posts total 46 posts are there for your Smile, so plz Click at Older Posts

                                                                              my childhood photo

Please Do Remember me in your Prayers (Dua).

http://www.libertyhijacked.blogspot.com/

http://www.allah111.blogspot.com/

ألواح الميلامين في دبي ، الإمارات العربية المتحدة.

مهندس ألواح الميلامين في الامارات.

المهندس عيشرت حسين محمد من شركة أمصار لتصنيع الأخشاب في دبي ، الإمارات العربية المتحدة.

في منطقة جبل علي الصناعية في دبي.