> This is great because points 3 and 5 are trivially proved false for Bitcoin
#3 is trivially proven true. If there were no transaction fees and you rolled back all Bitcoin transactions ever made , you would end up with a zero. This is in stark contrast to a stock where you'd end up with the dividends.
#5 is perhaps better put as "operators take away some portion of this money" and that's what transaction fees are. Calling it large indeed weakens the argument -- but doesn't prove it false.
#3 is trivially proven true. If there were no transaction fees and you rolled back all Bitcoin transactions ever made , you would end up with a zero. This is in stark contrast to a stock where you'd end up with the dividends.
#5 is perhaps better put as "operators take away some portion of this money" and that's what transaction fees are. Calling it large indeed weakens the argument -- but doesn't prove it false.