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> That said, most physical assets have no recourse either, aside from legal recourse. Same as Bitcoin. But bitcoin is electronic. And many asset transactions
by bb88 9y ago
> That said, most physical assets have no recourse either, aside from legal recourse. Same as Bitcoin.
But bitcoin is electronic. And many asset transactions done electronically (credit card, checks, bank transfers)
do have some form of recourse.
Even with cash, one can record the serial numbers of your bills and give those to the FBI if they're stolen. In fact, it's pretty common for high end bill counters to offer this capability.