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Ownership is legal right, so to own a digital token you would need some kind of title to the token. Without a title you don't really own it, just like you don'
by lottin 5y ago
Ownership is legal right, so to own a digital token you would need some kind of title to the token. Without a title you don't really own it, just like you don't own a house without the proper paperwork that says you own it.
- maxwell 5y agoEven with a title or other legal means of asserting ownership, in the end with digital tokens you're still dependent on their network continuing to exist. If a national highway system goes down, your house is still there. If a digital token network goes down, be it a token-based centralized SaaS company with an API or token-based decentralized blockchain, goes down, your assets go down with it, regardless of legal abstractions.