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Monteluna

@monteluna

I think I mentioned the semantics of "wallet" on a post by @linda a while ago. As a physics guy, we all do need to figure out better words for this stuff. Traditional wallets have no clone properties. If you have a wallet, you can spend the money. Only the holder of the wallet can spend it, and there can only be one. Crypto wallets have clone properties, and the contents of the wallet aren't money in the usual sense. Someone *without* your wallet can spend your money, since the money is just a program. If a permissionned app is compromised, the money can be transfered out of your wallet. Also, your wallet private keys can be stolen and copied, which is actually a new concept. You can have your wallet, but someone else can also have your wallet, and transfer your money without you being aware the wallet private key was copied. This is actually a unique property of data, since not only the wallet, but the money, are both data. I bring this up too because a lot of people are talking about quantum computing and crypto. I'm not sure if people know but quantum private keys also have the no clone property, but also can only be used once!
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