This is why cars have pieces of paper called titles (which you are not supposed ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		tedunangst on June 21, 2011 \| parent \| context \| favorite \| on: I'm the guy who bought 259684 Bitcoins for under $... This is why cars have pieces of paper called titles (which you are not supposed to keep in the car itself).

morganw on June 21, 2011 [–]

[in my state] a title is an abstract bundle of rights and the piece of paper is a certificate of title. Having the certificate makes it easier to attempt to transfer the title, but lost certificates can be recovered and fraudulent transactions can be unwound.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact