Quote from: boonsterx on March 15, 2018, 08:18:04 AM

I do not think there will be many countries that will be like Japan and make crypto legal tender.
So most cryptocurrencies will be treated more like an asset.

However with more stable coins emerging, I think using cryptocurrencies as a currency will become more prevalent in the future.

Until then, crypto is an asset in my eyes.

As I see through it,I think crypto is an asset as long as it is back up by official bodies like central banks or governments, and once legalized in a country. But we can call it currency for it is exchangeable and convertable.However, cryptocurrency technology poses problems for the authorities when it comes to designing regulations.Investors and users should be aware of the risks, including a high level of volatility that might lead to sudden drop in value.