The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
turbulent economic times, the branch became responsible for tracking the balance
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Nature, Published online: 24 February 2026; doi:10.1038/d41586-026-00591-z
Bill Gurley says that right now, the worst thing you can do for your career is play it safe