Bitcoin is fundamentally different because in bitcoin, you don’t owe anyone anything and no one owes you anything. It’s not a system based on debt. It’s a system based on ownership of this abstract token. Absolute ownership. We have an expression in the United States, which is “possession is nine-tenths of the law.” In bitcoin, possession is ten-tenths of the law. If you control the bitcoin keys, it’s your bitcoin. If you don’t control the bitcoin keys, it’s not your bitcoin.
Antonopoulos, Andreas M.. The Internet of Money
₿rMoon /
npub10m…xgyne
2023-02-24 02:38:52
Author Public Key
npub10m00n0ek7y70zl4yp40hlpz9nhyajt3chu36tnrhlfsrcn4eglmsjxgynePublished at
2023-02-24 02:38:52Event JSON
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"content": "Bitcoin is fundamentally different because in bitcoin, you don’t owe anyone anything and no one owes you anything. It’s not a system based on debt. It’s a system based on ownership of this abstract token. Absolute ownership. We have an expression in the United States, which is “possession is nine-tenths of the law.” In bitcoin, possession is ten-tenths of the law. If you control the bitcoin keys, it’s your bitcoin. If you don’t control the bitcoin keys, it’s not your bitcoin.\n\nAntonopoulos, Andreas M.. The Internet of Money",
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