Post
Topic
Board Legal
Re: Are Bitcoin's virtual property?
by
Adrian-x
on 08/12/2012, 05:39:00 UTC
Thanks for the insights,
So Bitcoins are information on the P2P network, when I get given Bitcoin's I never actually take position or ownership, I just get given a right to decide how to direct that information.  The idea as BTC as property is merely a convenient concept for relating my understanding to the meme of ownership.

This is more profound than I thought, how would smart property and contracts and other ideas being developed to function within the Bitcoin system work given that reality?     
thanks for the insite,