3 ms·
How then a bond is different? It is also either a physical thing or a record in DB; both cases require protection and security.
by novaRom 7y ago
How then a bond is different? It is also either a physical thing or a record in DB; both cases require protection and security.
- kazinator 7y agoA bond is a registered contract that names specific parties, whereas cash is a manifestation of value associated with whoever bears it. (There are bonds like that; bearer bonds.) Stealing bonds would have to be an information crime; surreptitiously rewriting the identity of the investor on all copies of the contract in existence. Or something like that.