https://primal.net/e/nevent1qqs2maatjjyqq4726plu5m0hg5dzz9yhx0quvknad2ccecm3vzh8vzcrxg3nd
quotingYou don’t own the stocks you think you own.
nevent1q…wlmk
In 1994, UCC Article 8 introduced the legal concept of a “security entitlement" for securities held through intermediaries.
That sounds boring, but it has tremendous consequences.
Because once your “property” becomes an entitlement in an intermediary system, the question isn’t simply “Do I own it?”
It’s, “What happens to my claim when the system breaks?”
That’s the rabbit hole David Webb goes down in The Great Taking
Highly recommend The Great Taking if you want to understand how the system is set up to steal what you think you own.
https://www.wibc.academy/images/pdf/the-great-taking.pdf