If you own a claim on it, where is the physical thing held? A custodian. Now say it with me, a custodian is a.... CENTRAL POINT OF FAILURE. They can, will, and ALWAYS DO, issue more claims on the asset than the actual underlying asset.
You cannot decentralize a physical good to use it digitally.
OceanSlim
npub1zm…v7f60
2025-06-23 19:16:20
in reply to nevent1q…df7v
Author Public Key
npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdveflmgruqvd3qa9sjv7f60Published at
2025-06-23 19:16:20Event JSON
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