Whether cryptocurrency or NFT, a digital asset operates on the blockchain system. A blockchain is simply a ‘book of transactions.’ The great advantage of this ‘trade ledger’ is that it enables ‘credit transactions.’ The most important aspect of a credit transaction is a ‘book’ that proves whether the payment has not yet been made or has been paid in full. Blockchain is a system that makes this ‘ledger’ unchangeable and immune to theft. In other words, the nature and properties of digital assets today are more similar to ‘bonds.’ When someone steals the ‘ledger’ in a ‘credit transaction,’ everything disappears unless a copy exists. If the recorded transactions in the ledger are a means of payment, it is called ‘currency,’ and if it’s ‘art’ or ‘content,’ it’s called ‘NFT.’ They differ only in what they represent, despite sharing similar properties. - Joseph’s “just my thoughts”
In mathematics, a "recursive proposition" is a proposition whose true or false value is fed back into the proposition itself. For example, "I can never allow this to happen before I die!" is a recursive proposition. Unfortunately, the condition for proving that this is possible is that I die. The problem is that you are dead once, you can not be longer the person who gives permission. This phenomenon also occurs in the investment business. The most common example of this is an investment in stocks. This is a recursive proposition because if the price of a stock goes up and you sell it, the sales volume directly affects the price. Therefore, the number of shares (trading volume) is one of the most important factors to be considerable when investing in stocks. This property of recursive propositions is a good explanation for why the large trading of stock volumes is difficult to work. - Joseph’s “just my thoughts”