Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 17/03/2017, 12:01:54 UTC

Something traceable that they can demonstrate is theirs in a court of law, or something anonymous which they can never prove is really theirs after being hacked or simply making a mistake with who they sent the money to?

A bearer instrument/token derives its entire value base from consolidating possession and ownership into a single asset.

There are no 'owners' with bearer instruments. There are only holders.

That's what makes them able to 'back' other assets where the owner is distinct from the backing collateral. It's also why blockchains must remain transparent if they want to consolidate that monetary archetype.

If people want an asset with their name on it, encrypted transfers and endorsed ownership they can get themselves a bank account.