Ripples In A Teacup

  I continue my research for the short story I am currently working on and today I spent some time reading up on NFTs (since one of my characters is a man who trades in cryptos and NFTs). I am meant to be studying for my 10th Board exams, but then, I need to do what I need to do. An NFT, or non-fungible token, is a unique digital asset that represents ownership of a specific item, such as a piece of artwork, music, or video. NFTs are stored on a blockchain, which allows for secure and transparent ownership verification, making them a popular method of buying and selling digital goods. A few examples of the many different types of NFTs that have gained popularity in recent years are: Cryptopunks - a collection of 10,000 unique 8-bit characters, each with its own distinct traits and attributes. Beeple's digital art - a collection of digital artworks created by the artist Beeple that have sold for millions of dollars. NBA Top Shot - a platform that allows fans to purchase and trad...

I’ve heard the words “cryptocurrency” and “bitcoin” for many years now and had a very vague idea of what these meant. I mean, I “knew” what a cryptocurrency is and that a bitcoin is a type of cryptocurrency, but didn’t really “know”, “know” what these meant, if you “know” what I mean. A week ago, I started writing a short story which has as one of its characters a man who trades in bitcoins and suddenly there was a reason for me to really “know” what these words meant. So, I turned to Wikipedia and other internet sources to tell me what cryptocurrencies are and found that cryptocurrencies are digital or virtual currencies that are not issued by governments or banks. They are decentralized and operate independently of any authority. Bitcoin is the first and most well-known cryptocurrency, but there are hundreds or possibly thousands of other cryptos, such as Ethereum, Ripple, and Litecoin. Transactions with cryptocurrencies are recorded on a public ledger called a blockchain. Which beg...