I haven’t read it in years but I am pretty sure it talks about it in the white paper. He says that every 210,000 the block reward will be cut in half. There is also some mathematical formula to prove all of this.

Why is the halving bad? Are you a miner? Most welcome the halving because it reduces the selling supply because less issuance and less sell pressure.

So what if it doesn't mention it? It's bullshit for you to say it's a scam because it doesn't explicitly mention halvings in the white paper. What are you expecting? That we call you a genius for saying that nonsense?

The halving is not discussed in the whitepaper nor mentioned or used but Bitcoin halving is openly discussed in public and even has the schedule announced.  I may missed something but I did not even read on the whitepaper that Bitcoin will half its supply every 210,000 block reward bu regardless, everything is not published on the whitepaper especially when the development is actively and continuously done on the system.  It is best to have the bitcoin github[1] as reference since all the updates and upgrades are mentioned on that repository.

I believe Whitepaper is only a means to introduce the project since it discusses the projects purpose and its abstract.  It does not states the actual development of the project nor the upgrades and development integrated into the system.


Information about Bitcoin halving is not hidden, it is openly discussed so it is not correct to say that the halving of Bitcoin is a dirty trick hidden in the source code. Let alone the source code its self is openly accessible to the public.


Well there   is at least a steady addition of Bitcoin which is constant in 4 years, and is constant to reduce into halve every 210,000 blocks rewards (estimated every 4 years) and is a constant that can be only claimed/gained through mining and solving the block difficulty.


But it is openly discussed in public, it is not a hidden fact to be an issue, IMO.

---

[1] https://github.com/bitcoin/bitcoin

But, but, but.... it has happened even before so why complain? You just have to embrace it as it's a feature that has been mentioned by the creator himself. I get that maybe you're looking and pointing at it with the POS = proof of scam and maybe you're not literally pointing it out to Bitcoin but with some other projects that has that POS algo.  
Anyway, it's not a dirty trick and if the miners complains about it, they should have done it long time ago but no, maybe a few of you but not in general that most of the miners doesn't like it but they're already aware of it.

If OP was a miner, he would have understood that halving would cut their block rewards in half which would devastate him but would not make him doubt it.


Exactly. Satoshi made it purposefully and the limited supply causes more demand therefore the price reaches new all time highs in which investors are happy about.

The bitcoin white paper only contains the basic knowledge of bitcoin and the problem it solves. It never talked about bitcoin circle, because bitcoin was still new and nobody will be able to know what will happen to bitcoin in future. It is as time passes by that people started studying bitcoin movement, also with miners, that they came to realize that the miners reward is always divided into two in particular period of time. So as time passes by, the value of bitcoin increases and people will want to know why is it like that.

Satoshi never also mentioned anything about the bear market and the bull market. Bitcoin is very complex to understand it in just 2 years. So I don't see why you sound this way, when nobody knows what will happen tomorrow. It is people that studied bitcoin, together with miners that noticed the halving and saw the bitcoin price movement repeats history due to past records. I don't see anything like scam.

Not that the Bitcoin White Paper will dictate everything, as Bitcoin halvings have been organized since 2012. In no way will e-Bitcoin become Islam because there are thousands of big institutional investors in Bitcoin, if Bitcoin had such a weakness investors would never have invested. We are seeing every halving bitcoin price reaches its maximum target.

I don't know if there was a traumatic experience when you invested here in Bitcoin or what, but I am pretty sure that all the complete details about Bitcoin were in the whitepaper
from the beginning. I respect your opinion; if that's what you think, there's no problem.

But you must also show concrete evidence that this Bitcoin is indeed a scam. Because if that's all you say, surely no one will believe you because you haven't shown any strong evidence.

I think OP is just baiting us.

Whitepaper doesn't mention difficulty adjustment, or 21M BTC limit either, but who is the victim of scam in this and who is the scammer? How is that scammer benefiting from this?

Code is literally open source that you can review and that's changed from time to time and everyone can participate to development and all the changes need to be approved by majority of the miners. So did you lose money because you just found out that there's limited amount of bitcoins and you bought a miner, or what? Because if you did, maybe it's your fault that you didn't look at the development that happened in last 15 years. I mean would you invest to microsoft now, based on press release from 2008, without looking at any delvelopment after that? And then if anything had changed, you would call it a scam. Even constitutions get modified for christ sake.

The whitepaper does not talk about Segwit, Taproot, RBF, CPFP, trading bitcoin and so many other things, and therefore it should be a scam! What a stupid kind of logic you have there, OP 🙌
You surely don't deserve bitcoin. Go back to the cave you crawled out from.