Post
Topic
Board Legal
Re: Are Bitcoin's virtual property?
by
hazek
on 09/12/2012, 17:22:45 UTC
If we think about our universe as database that perceived the same way by everyone

But thinking about our universe in such a way is not how we experience it so I really can't see the point in doing so.

Again, it doesn't matter what the tangible, corporeal or incorporeal entity is, what matters is that it is one and that it is scarce. In EVE those are spaceships as entries in a centrally managed database, in the physical world, those are gold coins for example and in Bitcoin those are the unspent outputs i.e. unspent transactions that can be spent based on a distributed database and a private key.

Ownership of bitcoins means you are free to change the record by sending it to anywhere.
Stealing of bitcoins means unauthorized change of the record by sending it to an address controlled by someone else.

How I define ownership and property the above makes no sense. Perhaps you should start by defining ownership and property before you draw conclusions.