> Cryptocurrency is programmable money.
That's such a vague expression that it's almost meaningless. I could imagine "programmable money" to mean all kinds of stuff, much of which Bitcoin isn't.
That's such a vague expression that it's almost meaningless. I could imagine "programmable money" to mean all kinds of stuff, much of which Bitcoin isn't.
A digital asset like Bitcoin is a completely different thing and requires no licenses, permissions, or anything whatsoever to write software that manipulates it.
There's all sorts of situations where anyone can do a thing, but the government has stepped in and said that only licensed individuals can do it legally. What's to keep the same thing from happening to bitcoin?
You have a checking account at a bank right? What do you think is representing your bank balance?
I'll give you a hint: there's no drawer anywhere with your name on it and $X,XXX.XX inside it.