Bitcoin is Transaction Denominated Money

The subject line "Bitcoin is Transaction Denominated Money" expressed in quotes by this Google search term link at the point of time of this blog entry publication returns this search result:  No results found for "Bitcoin is Transaction Denominated Money".

I therefore claim bragging rights for being the first to enter the sentence to the Google searchable World Wide Web (WWW).  Of all the sentences entered to the WWW I am the first to enter this one. It is a cheap thrill but it makes me feel like summiting Everest for the first time...in a small way.

The beauty of this sentence I lay claim to creating is in its simplicity and truth.  A true work of art by a wordsmith.

Google "Bitcoin is"  and there are  about 617,000 results.  Every one of the results is an attempt to explain Bitcoin by whatever words follows in the sentence.  Bitcoin is a new and complex thing.  No wonder there are so many hits on this phrase.

I am the first to describe what Bitcoin is in this uniquely specific word string I created.  Looking at the result of the same search term without quotes shows that the general concept has been expressed before. This exact and simple way of describing Bitcoin is a first.  It is mine!  I made it! I claim it!

A bitcoin expert would probably say:  Anyone who knows anything about Bitcoin knows  that Bitcoin is transaction denominated money!  Yes, probably true but nobody ever wrote it on the WWW.  Maybe they said it on Youtube.  I can't search that.

I have coined the term "Bitcoin is Transaction Denominated Money" and hereby place it in the public domain of block chain sentences available for anyone to use in the future.

My only stipulation on the free use of this sentence that I created is the right of attribution.  Anyone (identity anonymized) using this exact written sentence or exact phrase in a sentence or title in the content of any written matter entered in the WWW Google searchable data base must inform me of when and where it was entered to the WWW.  I will then add this information to the "Bitcoin is Transaction Denominated Money" user blockchain.

There will be penalties for failure of any user to comply with my stipulation of the right of attribution and associated requirement that I be given the specified usage information.  Google search on the term "Bitcoin is Transaction Denominated Money" and testing search results against the reported blockchain user data base of usage will identify scofflaws.  Their anonymized identity will be entered into the "scofflaw blockchain"

I hereby claim bragging rights to be the first to coin the phrase "scofflaw blockchain" as hereby introduced into the WWW for the first time as documented by the date/time of this blog entry to the WWW.  I place this word phrase I created it in the public domain with the stipulation of right of attribution.....etc, etc.  Violators shall be entered in the "scofflaw blockchain".

Explanation of "transaction denominated money":  When Bitcoin is spent in a transaction it is actually a blockchain transaction of a transaction specific amount of bitcoin related to a transaction in the owner's Bitcoin wallet.  It is a transaction that is spent.  The transaction has a specific amount associated with it that in itself equal to or greater than the amount of Bitcoin owed.  If it is less than the amount of Bitcoin owed then additional Bitcoin denominated transaction must be added as necessary to equal or exceed the total amount of Bitcoin owed.

I hereby claim creative bragging rights for the phrase: "transaction denominated money"......etc, etc.

All bragging rights are claimed for original terms specified herein and minted by this blog entry established by publication at 6:44 am PST on 23 Jan. 2016.