Post
Topic
Board Economics
Re: Crypto is an Asset or Currency?
by
Two4D
on 20/11/2017, 13:38:16 UTC
Right now it is still considered as an asset. Since most jurisdictions describes currency as something that is backed up by a state or is backed up by commodity such as gold or silver. Since bitcoins are decentralized and is not backed up by any commodity then that means it can not be classified as currency. Though I think it is an asset.