Money: Difference between revisions

Money (view source)

12 bytes added , 29 October 2018

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 It is misunderstood by tech people ([[bitcoin]] isn’t cash; it’s a fraudulent asset); by people who ask for [[client money protection]] from a [[bank]], and those who aspire to take [[Security interest|security]] over it.
-''Cash is not an asset. It is not property.'' Cash is is a token of abstract value. It cannot be owned, only held<ref>“Ford! Ford! We only wanted to be held!” “Well, you got the bonus plan.”</ref> — which is another way of saying whoever holds it owns it, outright, against all the world. They can’t futz around with your interests to it, you can’t declare a trust over it, pledge it, or hold it for anyone other than your self.
+''Cash is not an asset. It is not property.'' Cash is is a token of abstract value. It cannot be owned, only held<ref>“What do you need?” “Ford! We just needed to be held!” “You got the bonus plan.”</ref> — which is another way of saying whoever holds it owns it, outright, against all the world. They can’t futz around with your interests to it, you can’t declare a trust over it, pledge it, or hold it for anyone other than your self.
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