3 ms·
The question is a matter of trust in the correctness of any such ledger. Bitcoin only exists as entries in a trustless ledger. The trustless ledger of gold is
by andrewla 9y ago
The question is a matter of trust in the correctness of any such ledger.
Bitcoin only exists as entries in a trustless ledger. The trustless ledger of gold is physical possession of that gold -- that's the only way that you can verify possession (or spend freely) without a mutually trusted third party.
- drabiega 9y agoSure, that's a valid issue, but it's unrelated to my comment on the ease of changing ownership of an asset.