ShortSimon on Nostr: They own the assets, they have the right to do what they want with them. It is ...
They own the assets, they have the right to do what they want with them. It is interesting that that ownership structure came as a result of digitisation. When legal title was paper based, one could take possession of it. When your asset is a row in someone else's database, all you really have is a promise. Cryptography enables first person ownership of digital assets in a way that has applications beyond money.
Published at
2024-05-03 23:29:56Event JSON
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"pubkey": "db625e7637543ca7d7be65025834db318a0c7b75b0e23d4fb9e39229f5ba6fa7",
"created_at": 1714778996,
"kind": 1,
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],
"content": "They own the assets, they have the right to do what they want with them. It is interesting that that ownership structure came as a result of digitisation. When legal title was paper based, one could take possession of it. When your asset is a row in someone else's database, all you really have is a promise. Cryptography enables first person ownership of digital assets in a way that has applications beyond money. ",
"sig": "6f8ba38121004717571e949039e9bce771e61423f588f07f37130fe750fc2987d5b2787fec73cb7b03d724b681451e2e21d44c003213b9ec706623be6db36064"
}