Legally owning a house is literally just having your name and the address of your house in a book.
EDIT: The actual power does not reside in the book. It resides in the mindshare this specific book has. Anyone can put anything in a book but only some people control the book that people pay attention to. Similar it is with fiat, cryptos and nfts. The power is not in the technology itself but in the mindshare they occupy. It is more about social engineering than software engineering.
EDIT: The actual power does not reside in the book. It resides in the mindshare this specific book has. Anyone can put anything in a book but only some people control the book that people pay attention to. Similar it is with fiat, cryptos and nfts. The power is not in the technology itself but in the mindshare they occupy. It is more about social engineering than software engineering.