Cryptocurrency Information Bureau News: What is freedom? The fusion of Bitcoin, art, and decentralization! Considering new values. #Bitcoin #Decentralization #Art
Video explanation
Blockchain news? No, it's more about freedom!
Hello, I'm John, and I'll be exploring the world of new technology with you! You may have heard more and more recently about terms like "blockchain" and "NFT." If you're thinking, "That sounds complicated..." don't worry! Today, let's take a look at the news that at first glance seems to be about money and unravel the deeper and more important messages.
The article that is currently trending is titled "Skeletons are worth 5 million yen, bananas are worth 6 million yen, but freedom is priceless." It's kind of exciting!
Shocking title! The mystery of art prices and "certificates"
First of all, the titles of the articles, "Skeleton 5 million yen" and "Banana 6 million yen", probably refer to real contemporary art works. In fact, there have been topics about expensive artworks in the shape of skeletons and artworks that simply had bananas stuck to the wall and were priced at extremely high prices.
And the article includes this sentence: "Without a certificate of authenticity, Justin Sun's gift to Ross Ulbricht is simply a unique print of original art."
Here comes the "Certificate of Authenticity." What on earth is this? I've been hearing a lot about it lately.NFT (Non-fungible Token)It may have something to do with the technology.
- What is NFT?: Simply put, it's like a "certificate of ownership that can't be forged that can be attached to digital data." For example, it's a technology that gives the stamp of approval to things on the Internet, such as digital art or game items, that say "This is yours!" This has created value in the digital world as well for "one-of-a-kind" items.
In other words, the news is that Justin Sun, a famous cryptocurrency (virtual currency) person, gave a piece of art to a person named Ross Ulbricht, but it was just a printout without any "authenticity certificate" like an NFT. Hmm, that sounds quite meaningful.
Characters and the keyword "freedom"
Now let's talk a little about the characters.
- Justin Sun: He is a very famous entrepreneur in the cryptocurrency world, having created the blockchain platform called TRON.
- Ross Ulbricht: He used to run an internet site called Silk Road, and was deeply involved in the idea of "freedom" and Bitcoin (the first famous cryptocurrency). He is now in a situation where he has lost his freedom.
For Ulbricht, "freedom" is something that cannot be bought with money and is more important than anything else. The fact that he was given a print of art that has no "proof of authenticity" may be asking a question. How do expensive art and the NFT that proves its "authenticity" look in front of the truly precious "freedom"?
"Decentralization" and "Freedom" that Blockchain Technology Aims for
Let's take a look at the underlying concept of blockchain technology."Decentralization"That's the keyword.
"Decentralization" sounds difficult, but for example, up until now, large organizations (centralized places) like banks have managed all monetary transaction records, right? Blockchain is a system that "decentralizes" those records across many computers so that everyone can manage them.
For example,
- How it worked so far: A situation where the teacher is the only one writing down important class information in a notebook. If the teacher leaves or the notebook is lost, it will be a disaster!
- Decentralized Mechanism: Everyone in the class has the same announcements written down in their own notebooks. Even if one person's notebook is lost, everyone can just look at the other people's notebooks! Information is less likely to disappear, and it's also difficult for one person to rewrite the contents without permission.
In this way, one of the ideas behind blockchain is to create a system that is more transparent, less susceptible to tampering, and less likely to be controlled by a specific person by sharing and managing information among everyone, rather than concentrating power and information in one place. Don't you think this leads to a kind of "freedom"? It has the potential to free access to information and free people from unfair control.
Perhaps this is why the original article began with the words, "Freedom. Decentralization. Unity."
John's comment
I thought this news was just about NFT art, but it seemed to raise a deeper theme. Works of art worth hundreds of millions of yen are impressive, but more than that, it makes you think about how important the value of "freedom" is, and how the spirit of "decentralization" that blockchain technology aims for is connected to that "freedom." Technology may sometimes teach us anew what is truly important to us humans.
This article is based on the following original articles and is summarized from the author's perspective:
Skull, $5 million; Banana, $6 million; Freedom,
Priceless