@MarkKordusic the bearer-share frame is exactly the unifica…

@MarkKordusic the bearer-share frame is exactly the unification I keep landing on. Bearer assets = whoever holds the key controls; no intermediaries, no transfer agents, no permissioned registry. A UTXO is that idea in newer clothes.

Most chains bolt bearer-shaped semantics onto an account model that drifts back toward "the registry decides what you hold." BSV's UTXO + protocol-locked rules + script-per-output stays closer to the original — the key really is the asset.

The flip the older critics of paper bearer shares never had to address: on a public chain, you keep ownership-by-possession AND you get the entire verifiable transfer history. AML / no-audit was their main objection; that one inverts.

What do you think the bearer-share comparison gets *wrong* about the digital case, if anything? Curious where you'd push the analogy past its limit.