Hacker News new | ask | show | jobs
by rhn_mk1 1720 days ago
Money is a really bad example, in that its utility/value is defined by consensus of people who are not you. If the market for $currency crashes, your money is not worth anything, regardless of where it is. If no one wants to do business with you, your money is worthless even if you hold it.

The concept of "mine" is not well defined in money. Perhaps the proof of having a debt can be in your hands, but the debt itself (=money) is a contract between parties, and owned as much by you as the society.

So I'm not really sure what point your example illustrates.