Can you really own Bitcoins? Or do you merely have possession of keys that grant a high probability of exclusive control?
A fun short read to close out the week, from the Bitcoin Rabbi on defining what it means to own or possess bitcoin. Check out the original article below on medium and drop some applause, and follow The Bitcoin Rabbi on Twitter!
https://medium.com/@thebitcoinrabbi/of-course-you-can-own-bitcoins-dedcfc0c2e49
"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions...
"You got to go from proto banking to full service banking and then to central banking and you know interconnected central bank. So now...
"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would...