Replying to Avatar jimbocoin 🃏

Property must have a boundary defined and defended. Without a boundary, it’s just nature.

Information, to be property, must also have a boundary. A secret has this property. This is what makes Bitcoin intellectual property—only the keys, which are secret, can move coin.

Other forms of information (books, etc.) have no boundary once shared. Without a boundary, they’ve reverted to a state of nature. Like a glass of water poured into the ocean.
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Habanero 2y ago

Property does not cease being a property if you fail to defend it... The British didn't lose control of their colonies and then say, " Don't worry it's not a property anymore... it's just nature now"

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Habanero 2y ago

Also by your own logic, if the secret of your bitcoin keys becomes known by a malicious entity, in that moment bitcoin ceases to be an intellectual property and transforms into ??? (nature?)