I can hold land in my hand. A tangible asset with intrinsic value. Cannot hold binary code in my hand. COSTS associated with it on the front end. COSTS are liabilities. An intangible liability. Intangible liabilities have zero value.
You hold private keys. Just as everyone does in the trust. If you believe your own mind holds value, then you can equally place value in data held outside your skull.
A computer reads one's and zero's, or binary code. It is the best language for speed and efficiency for computer computation. The decimal code slows the processing power down. EVERYTHING is code to a computer. You input John Doe. A computer translates that into one's and zero's. It's JS if/else, true/ false.
Binary code is used in encryption and decryption. It is the only language computers know. All programming languages like html. CSS, C++, Python, php get translated into binary by the computer. Even numerical values.
I can hold land in my hand. A tangible asset with intrinsic value. Cannot hold binary code in my hand. COSTS associated with it on the front end. COSTS are liabilities. An intangible liability. Intangible liabilities have zero value.
You hold private keys. Just as everyone does in the trust. If you believe your own mind holds value, then you can equally place value in data held outside your skull.
To a computer everything is binary...even your keys.
You are going to have to elaborate on this. As it stands, it is without meaning.
A computer reads one's and zero's, or binary code. It is the best language for speed and efficiency for computer computation. The decimal code slows the processing power down. EVERYTHING is code to a computer. You input John Doe. A computer translates that into one's and zero's. It's JS if/else, true/ false.
Binary code is used in encryption and decryption. It is the only language computers know. All programming languages like html. CSS, C++, Python, php get translated into binary by the computer. Even numerical values.