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Thank you. I guess cash currency isn't really property either. It is backed by the "full faith and credit" of the government so it is like a IOU that the govern
by 3825 13y ago
Thank you. I guess cash currency isn't really property either. It is backed by the "full faith and credit" of the government so it is like a IOU that the government requires you to accept to settle existing debts.
- mikeash 13y agoCash is at least a concrete thing you possess, rather than an abstract idea whose sole purpose is to prevent other people from doing certain things. Edit: additionally, cash doesn't expire, while patents only last two decades.