As people carry out a variety of activities using computers and other digital devices, and as they inhabit a number of ‘places’ online, they develop things of value that are expressed in digital form. These ‘things’ take many forms: bank accounts, non-bank payment accounts, gambling receipts, auction holdings, virtual life empires, the list expands over time. Some of these assets are in known computer systems with known proprietors, others are in the cloud – meaning in some computer system or systems somewhere in the world, controlled by somebody in a meshwork of contracts.
So long as the power stays . . . [more]