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”
Wings can be a problem if we don’t fly. The queen ant has wings that worker ants don’t have. A queen’s wings are only used once in her life when she flies to mate. After mating, she lands and bites off her wings. In underground life , wings are just an annoyance. We keep many things even when we don’t need them. There are also times we hold onto useless things and thoughts, even knowing they serve no purpose. That’s not smart. - Joseph’s “just my thoughts”