alt Hacker NewsStock is owned by Cede & Co anyway. So everything downstream is just ledgers. What differs is how much you trust the record-keeper, and what legal rights the entry gives you.
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phyalow • yesterday at 6:33 PM
Correct.
Stock is owned by Cede & Co anyway. So everything downstream is just ledgers. What differs is how much you trust the record-keeper, and what legal rights the entry gives you.
Correct.
That’s only true of street side shares. And unlike cede shares vs direct registrations you can’t treat tokens as fungible with direct ownership.