mwengler comments on Bitcoins are not digital greenbacks - Less Wrong

6 Post author: lsparrish 19 April 2013 06:13PM

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Comment author: mwengler 23 April 2013 03:40:13PM 0 points [-]

If you can trust people not to do the second, you still need the first.

I can't parse that, sorry. If you can trust people not to enforce ownership rights, you still need to establish ownership rights? I don't understand the point.

Comment author: Decius 23 April 2013 06:14:15PM 0 points [-]

Even if you don't need to lock your bike, you need to have some way of selling your bike to someone else.