I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Money seems to be a very familiar with, but not so sure, the concept of in the form of currency in different historical stages are not the same, from the physical currency, such as shells to precious metals such as gold and silver materials metal currency mainly completed the monetary form of the evolution of the standardization, metal currency notes are focused on money to ascend in the convenience store.
The concept of crypto currency is more complicated. First, it realizes the global point-to-point payment through the Internet, which greatly improves the circulation efficiency of the currency in the world. Second, its distribution and operation are fully automated by computer programs, and the total amount is constant, and its credit support is separated from the centralized mechanism of the existing central bank.
Encryption is an asset and a currency.