Securities, coinbase gets a wells notice.

Definitions vs concepts, ponzis and why no one knows what they are, sec

Subjectivists wish something to be true regardless of the facts of reality. Why is something so important to bitcoin- the total number of them- the scarcity- why is this concept not grounded in reality but arbitrarily chosen by satoshi?

Bitcoin memes, and bitcoiners are subjectivists. They believe in collective shared pricing or valuing of an asset - that enough enough people want to believe they can bring about bitcoin money or revolution or high price.

Does btc exist only in the human mind? What in reality was abstracted to form or invent the concept of bitcoin software? Harry b. on how numbers are based on attributes in reality for a human purpose. Bitcoin can’t exist without humans and bitcoin doesn’t exist in reality outside of human minds unlike other human tangible inventions like a tv.

Harry binswager lecture on numbers, Leonard peikoff against legal or Illegal immigration, what’s a concept? Is it always based on something in your reality? What about software programs?

Bitcoin concept is man made purely. Bitcoin interacts with reality only bc humans devote energy to it and make space for the concept in their minds. How is bitcoin different from time? Both are abstractions? One is purely man made the other exists in the real world objectively outside man. One is useful for remembering events in time the other is only useful for making money, to the extend you can’t find greater fools bitcoin will not attract our minds attention and thus die out. Aside- for future discussion- Lyn Alden said double spend was discovered- I don’t think so since it’s part of bitcoin, also it’s not error proof.

What are words? Words embody concepts which themselves embody many units United in your mind by their distinguishing similarities from other things. Definition purpose is to describe these concepts for easy recall the essence of the thing. Is slang a concept? What is it? Changing the definition doesn’t change the concept

Should math be tied to reality?

Bitcoiners don’t understand this. Gold expansion as money in an economy is not fraud bc it’s a real commodity.