So we're assuming that you can't forge this thing.

Liquid means it's very easy to buy and sell those securities in large quantities.

And that is an excellent segue into the notion of a bank note. bank note...

Leaves are falling.

Dealing cards...

All Sheets

Selected Sheets

Available sheets

Available Sheets

Selected Sheets

Select sheets

Remove sheets

Paper Cassette

Sheet Feeder

Those papers.

Papers!

Leave these cards alone, kid.

Shuffling Cards

I endow you with them.

Papers, working contracts...

Collect the papers

So we can let computers do all the complicated cryptography for us, and then we'll use the paper for verification.

Most of the leaves have fallen.

Sami dealt the cards.

Papers contributed

Select all sheets

I hear a rustling of the leaves.

Where are those papers?

Where are the papers, in your trunk?

What's the rest of the papers?

I'll prepare the papers then.

I don't?

There's the papers.

Hitandrun, the papers said.

And since each path through this tree can represent a message, we can think of the number of leaves as the size of the message space.

By molding the Play Doh into different sized pyramids, the cards can be held in different positions, always keeping the pyramid big enough to support the card, but small enough to not be seen and to not cast its own revealing shadow.

These caterpillars eat leaves.

These caterpillars eat leaves.

Return cards to stock

Insecure Securities

Securing Synthetic Securities

Portfolio management

(ii) Securities Act

The Emirates Securities and Commodities Authority

Don't got none.