Correction: the only money that is being transferred by electronic means is Bitcoin. All the other payment channels do not transfer ownership, but promises. Whe

Correction: the only money that is being transferred by electronic means is Bitcoin. All the other payment channels do not transfer ownership, but promises. When your bank sends 100 bucks to another bank, there's no hard ownership being transferred, only an agreement between a bunch of people. That's why the current system is so fragile and so abused to no end.