Bitcoin, Cryptocurrency, Virtual Assets

Bitcoin, Cryptocurrency, Virtual Assets

Even if there is no intrinsic value, if there is enough greed, value can be created. This is the ironic truth of the modern financial market. We are willing to value what we want to believe and what our desires are projected. It doesn't matter if it is a digital coin without substance or a token made of blockchain technology.

In fact, diamonds are only a lump of carbon in nature, and can now be artificially made as much cheaper as possible. Nevertheless, diamonds are still the epitome of luxury. Why? It is because of our collective fantasy, the meaning we give it. Our belief in the symbolism of diamonds' 'forever' and their scarcity value creates a premium that exceeds its actual value.

Decentralization or proof that love is eternal are both equally futile ideals, but many people don't mind them. If you can project your desires, you are willing to acknowledge their value. As long as it is a decentralized financial system advocated by cryptocurrencies such as Bitcoin, and the concept of ownership in the digital world presented by NFTs - all of these may be ideals that are far from reality. But if it represents our desires, our dreams, we are willing to acknowledge their value and invest in them.

In a capitalist society, those who create things that can project people's desires well succeed. They are excellent at reading our desires and commercializing them. Examples include Bitcoin founder Satoshi Nakamoto and Ethereum's Vitalik Buterin. They did not just create technology, but rather created a container that could capture people's desires. They embodied our desire for financial freedom and a decentralized world with code.

There is also a self-improvement book in the publishing market. These books sell readers' desire for success and a desire for a better life in a clever way. People are constantly buying these books, even though the content is often filled with unrealistic advice or exaggerated success stories. Why? Because it reflects our desire. Through them, we see the way we want to be and the way we dream of success.

After all, value is what we create. Whether it's bitcoin, diamond, or self-improvement. Our desire, our belief, gives it value. This is the essence of modern capitalist society and the core driving force of the era of virtual assets.