Garbage: Nothing starts as garbage; it becomes so when materials used to protect valuables, like packaging, are no longer needed, or when objects become obsolete or worn out after their expiration date, such as second-hand goods. In essence, garbage results from the end of roles or functions, as well as the passing of values over time. Similarly, the mind follows this process. The defense mechanisms of the mind, which I once valued for self-protection, may also become garbage. When they are no longer valid or worth protecting, we may cling to them, though they are mere illusions. Just as with physical waste, mental garbage should be discarded rather than kept. - Joseph’s “just my thoughts”
Whether cryptocurrency or NFT, a digital asset operates on the blockchain system. A blockchain is simply a ‘book of transactions.’ The great advantage of this ‘trade ledger’ is that it enables ‘credit transactions.’ The most important aspect of a credit transaction is a ‘book’ that proves whether the payment has not yet been made or has been paid in full. Blockchain is a system that makes this ‘ledger’ unchangeable and immune to theft. In other words, the nature and properties of digital assets today are more similar to ‘bonds.’ When someone steals the ‘ledger’ in a ‘credit transaction,’ everything disappears unless a copy exists. If the recorded transactions in the ledger are a means of payment, it is called ‘currency,’ and if it’s ‘art’ or ‘content,’ it’s called ‘NFT.’ They differ only in what they represent, despite sharing similar properties.
- Joseph’s “just my thoughts”
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