Currency has been generally bearer cash. None of the blockchainers have invented bearer cash. Even further, crypto means bearer cash with watermark, but we have no watermark readers. So the CEO uses the proper term, digital asset, the general concept of a digital token representing an obligation.
Another illusion is the wallet. If the exchange only accepts their own brand of wallet, then it is an account. A wallet is a general secure device for hold arbitrary beare cash and credit cards. Some digital wallets are becoming just that, a regular wallet implemented in software. Wallets are, in general, crypto wallets, we got that far.
There is a big legal difference between wallets and accounts, we have gone over that. More precisely, we will use the semantics of wallet and account to separate the legal methods.
There is a big legal difference between wallets and accounts, we have gone over that. More precisely, we will use the semantics of wallet and account to separate the legal methods.
Pricing. As near as I can tell, Coinbase understands pricing, and that is about all. Fintech folks get it, central banks confused. If your trade queues up, you are priced.
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