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by somrand0
1276 days ago
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because digital assets have a fundamental difference with material ones. I'm referring to how digital assets can be owned non-exclusively, i.e. we can both have the same data. In contrast material (or physical) assets are exclusive. Either I have it xOR you do, we cannot both own the same thing. Stocks (and other sophisticated goods) are interesting because they mean we each own a fraction of something, even when that object cannot actually be easily split. But notice how there's still a sense of exclusivity; the same stock cannot be owned by multiple people at the same time. |
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Trade restrictions on physical goods don't exist due to matters of ownership.
> the same stock cannot be owned by multiple people at the same time.
This may be an irrelevant tangent, but that's entirely untrue.