>When you own a cryptocurrency, you can’t really “hold it in your wallet” like you could have a $100 bill in your physical wallet. In crypto, your wallet is act

>When you own a cryptocurrency, you can’t really “hold it in your wallet” like you could have a $100 bill in your physical wallet. In crypto, your wallet is actually a key which is used to control the associated account number on the Blockchain. This is misleading. "Owning" cryptocurrency comes down yo controlling the private key. Cryptos exist solely as information. The bank analogy is a poor one because it implies that there is a single physical collection of value, which is fundamentally opposed to the premise of a distributed ledger. I'm not sure that the author really grasps the function and utility of Cryptos based on this mischaracterization. I didnt read any further.