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It's an absurd view of property in this day and age. I mean, can I not pay for electricity in Japan because I can't handle it, and it can be shared? Can I ste
by madaxe_again 11y ago
It's an absurd view of property in this day and age.
I mean, can I not pay for electricity in Japan because I can't handle it, and it can be shared?
Can I steal a few ¥bn worth of electronic bonds, credit swaps, options, futures from a Japanese company then stick them the finger because they didn't really own them as they're all intangible?
Can I not pay for my cell phone service because I can't handle the RF waves?
Can I republish books by Japanese authors abroad and trample copyright, because the words aren't tangible?
I assume media piracy is legal too? No? Shock horror.
I don't know about the tort system in Japan, but if it's anything like most legal systems, this judgment reinforces the law and re-asserts that if you can't physically touch it, you're welcome to steal it.
Oh right, this is actually just the Japanese legal system doing what they do best, and going "corporate entity must be right, be deferential, be deferential!".
- s73v3r 11y agoYou can't point to a specific Bitcoin and say, "That's my Bitcoin.". You can say that you are owed X amount of BTC, but you cannot say that you are owed a specific coin. Thus, it's like cash.