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Intangible virtual items can be legal assets with ownership. This is not a new concept. > "If a decision is made you can't trade in them" Ok, but it hasn't be
by manigandham 7y ago
Intangible virtual items can be legal assets with ownership. This is not a new concept.
> "If a decision is made you can't trade in them"
Ok, but it hasn't been made. Ownership can be sold and transferred so that's what's happening.
- toomuchtodo 7y agoRegistration information does not equal ownership. My phone number is assigned to my mobile provider account. I do not own my phone number, as it is not tangible property.
- manigandham 7y agoThis is a pedantic argument that I suspect you know is completely irrelevant. The ownership is of the registration itself. When you buy a share of a company, it's also just assigned to you. But you still own it.
- CydeWeys 7y agoActually, when you buy a share of a company in the US, unless you're getting a physical stock certificate (which no one does), the registration isn't even assigned to you. It's assigned to the Depository Trust Company. You as an individual are then several layers of indirection removed from that.
- CydeWeys 7y agoThis example is working against you here, as people do have a right to retain their phone number, similar to domain names. Your phone company cannot take your number away from you, and you have the right to transfer it to another company whenever you want.