On 07/12/17 12:35, Roger Clarke wrote:
[But shares are a form of commodity, i.e. they are undifferentiated, and no-one cares whose they used to be, only that they're mine now. Put another way, whereas provenance matters with some categories of goods (objets d'art being a good example), it matters not at all with shares, because the registry authenticates the holding beng sold, and warrants that the shares are valid.
Nobody cares who had the $5 note in my wallet before me either, but that's what the Bitcoin blockchain tracks. Currently it's 144Gb according to https://blockchain.info/charts/blocks-size. Fascinating reading no doubt.
Hamish _______________________________________________ Link mailing list [email protected] http://mailman.anu.edu.au/mailman/listinfo/link
