Sovereign

    Sovereign or Sovereignty is the full right of an entity to act as the governing body over itself. In political theory, sovereignty is a substantive term designating supreme legitimate authority over some polity. In international law, sovereignty is the exercise of power by a state.

     As it related to cryptocurrency and blockchain technology, sovereignty is ultimate promise of digital assets such as Bitcoin. By owning the cryptographic keys that are associated with digital assets, the asset owners become their own banks. Where as in the case with fiat currency (government money such as USD/JPY/EURO/etc.) whenever a person has $1,000; they have $1,000 of AMERICA’s dollars; the case in Bitcoin is otherwise. If Person A owns 5BTC, then those are Person A’s 5BTC.

      Related Terms:

      Resources

Donate

BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again.

Crypfo.info will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.