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Ah but the government will enforce my claim on the house if I’m holding (rightfully) the title. And if someone steals the title, it doesn’t mean they own my hou
by jhugg 5y ago
Ah but the government will enforce my claim on the house if I’m holding (rightfully) the title. And if someone steals the title, it doesn’t mean they own my house.
- nik_s 5y agoYou can also say that blockchains have mechanisms that prevent a government from coercing third parties from handing over your NFTs to someone else. I'll agree that the analogy wasn't perfect though - I added an edit for another analogy (still as imperfect as it may be).
- jhugg 5y agoThe government can still use the JPEG though.