4 ms·
It matters because one is a physical object with static properties and the other is a digital abstraction with characteristics that can change arbitrarily based
by root_axis 9y ago
It matters because one is a physical object with static properties and the other is a digital abstraction with characteristics that can change arbitrarily based on network consensus. One is fundamentally a thing that can be looked at and held, the other isn't even a thing you can know you have without consulting a quorum of nodes about the status of the ledger (for all you know, you don't actually own any tokens because an attacker has stolen them)
- Jommi 9y agoBut what does that matter in a world where people spend numbers on a bank account, never questioning if the money is actually there or not? I fear you are putting too much emphasis on physical things, as if the quality of being "able to be touched" somehow matters in the modern world.
- root_axis 9y agoAnd? So what? A bank account is nothing like gold either so that statement is totally meaningless in the context of this thread.