What is Nostr?
Gavin Green
npub12qv…7qta
2025-01-16 21:49:33

Gavin Green on Nostr: A bearer instrument is a financial instrument that can be transferred without formal ...

A bearer instrument is a financial instrument that can be transferred without formal process or central authority involvement. Its key characteristics include: ownership determined by possession, no registration required, transferable by delivery, and no need for endorsement or signature. Examples of bearer instruments include cash, where the person holding the cash is considered the owner. Shares, however, do not fall under this category.

https://bitcoinforbusiness.io/why-shares-are-not-money/
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