> I may not be able to put it back in the same blockchain
Look, if you can figure out how to double spend BTC, go for it. There's $1 trillion on that chain right now just waiting for the first genius with a copy-paste button to come along and take it.
It's not a different issue at all. A Bitcoin is not a thing you can copy. The UTXOs only exist on the chain and only mean anything in terms of the chain.
> you still don’t have anything different than a jpeg.
Yes, you do. You have verifiable providence of a unique digital signature (not unlike an autograph). You have a programmable, pluggable, leverageable, tradeable, asset that interacts seamlessly with hundreds of different applications (and rapidly growing).
Copying the value is a different question, but I can copy the data all I want.
> Yes, you do. You have verifiable providence of a unique digital signature (not unlike an autograph)
You have a signature that a token is valid on the chain, cool. As long as it stays on the chain of course. But that’s all it is, it does not make one jpeg the original and another one with the same bits the copy.
Look, if you can figure out how to double spend BTC, go for it. There's $1 trillion on that chain right now just waiting for the first genius with a copy-paste button to come along and take it.
It's not a different issue at all. A Bitcoin is not a thing you can copy. The UTXOs only exist on the chain and only mean anything in terms of the chain.
> you still don’t have anything different than a jpeg.
Yes, you do. You have verifiable providence of a unique digital signature (not unlike an autograph). You have a programmable, pluggable, leverageable, tradeable, asset that interacts seamlessly with hundreds of different applications (and rapidly growing).