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A comment on Germany for First Time Sells 30-Year Bonds Offering Negative Yields. Parent comment

Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by novaRom on Wednesday August 21, 2019 @03:24PM (#20760671)
How then a bond is different? It is also either a physical thing or a record in DB; both cases require protection and security.
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Re:Germany for First Time Sells 30-Year Bonds Offering Negat... by kazinator on Wednesday August 21, 2019 @04:40PM (#20761534)
A bond is a registered contract that names specific parties, whereas cash is a manifestation of value associated with whoever bears it. (There are bonds like that; bearer bonds.)

Stealing bonds would have to be an information crime; surreptitiously rewriting the identity of the investor on all copies of the contract in existence. Or something like that.

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