[Kaperstone]

Quote:

Originally Posted by Mauzen Does a dollar bill unlock safes or bank accounts? In a digital P2P network, you OWN that "virtual string", just like you own a dollar bill, so you can trade it with others for goods or money. Because they can use it again to sell it to someone else. Thats general money theory and I dont know how to explain it even more here. Read a book about that or something

Oh, so it's like a whole new currency, new piece of paper, just virtual and as a string.
But how do people know if the string is valid and I ain't making it up ?