What is a #BearerAsset?

#Gold, paper notes, and #Bitcoin are bearer assets because ownership is determined by possession. In the case of gold, physical ownership of the metal confers ownership rights.

Paper notes represent a claim to value and can be transferred by physical possession. Similarly, Bitcoin operates on a decentralized network, with ownership determined by possession of cryptographic keys.

Unlike assets tied to legal ownership or centralized institutions, bearer assets grant direct control and anonymity to holders. This characteristic makes them appealing for transactions where privacy and autonomy are valued, despite varying levels of physical tangibility.