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Why NFT matters?
Because NFTs and blockchain technologies could offer the proper tools to empower financially and socially, unequally served communities disseminated in the world.
A very good way to understand the significance and breakthrough that blockchain technologies and NFTs represent can be measured by reading the renowned book by Hernando De Santo "The Mystery of Capital". In his book, De Santo explains that Western countries, as opposed to Eastern countries, have managed to lead the capital market because they focused on building the indispensable tools and infrastructure to record, capture and store assets' value.
"The poor inhabitants of these nations—five-sixths of humanity—do have things, but they lack the process to represent their property and create capital. They have houses but not titles; crops but not deeds; businesses but not statutes of incorporation. It is the unavailability of these essential representations that explains why people who have adapted every other Western invention, from the paper clip to the nuclear reactor, have not been able to produce sufficient capital to make their domestic capitalism work.
This is the mystery of capital. Solving it requires an understanding of why Westerners, by representing assets with titles, are able to see and draw out capital from them. One of the greatest challenges to the human mind is to comprehend and to gain access to those things we know exist but cannot see. Not everything that is real and useful is tangible and visible. Time, for example, is real, but it can only be efficiently managed when it is represented by a clock or a calendar.
Throughout history, human beings have invented representational systems—writing, musical notation, double-entry bookkeeping—to grasp with the mind what human hands could never touch. In the same way, the great practitioners of capitalism, from the creators of integrated title systems and corporate stock to Michael Milken, were able to reveal and extract capital where others saw only junk by devising new ways to represent the invisible potential that is locked up in the assets we accumulate.
It is an implicit legal infrastructure hidden deep within their [Westerners] property systems—of which ownership is but the tip of the iceberg. The rest of the iceberg is an intricate man-made process that can transform assets and labor into capital."
The last paragraph is key. Thanks to NFTs it will be easier than ever to lock and store property rights, hence enabling developing countries to have the proper tools to seamlessly capture and transform properties into assets and labor into capital.
https://archive.nytimes.com/www.nytimes.com/books/first/d/desoto-capital.html?_r=1&oref=slogin