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”
Citizens from countries with different road systems are more likely to encounter traffic accidents at crosswalks when visiting other nations. This occurs because their instinctive caution is directed in the wrong way. The complexities of road traffic direction are surprisingly intricate. Traffic patterns are shaped by a blend of historical factors, governing behaviors, technology, and cultural practices. The safety and intricacy of older roads, once shared by horses, carriages, cars, bicycles, and pedestrians, differ completely from today’s well-defined driveways and sidewalks. Consequently, laws establish the directions for crossing streets. When examining the reasons and history behind any rule, it becomes apparent that achieving these conventions is rarely straightforward. - Joseph’s “just my thoughts”