Why do people claim cryptocurrencies arent an asset?
It does not really matter what people are saying. It matters what government is saying. Bitcoin will work as it works no matter what will be. Difference is how it is taxed. That is what concerns governments. So they interpret Bitcoin to gain most taxes. Some governments are long other short sighted. Shortsighted will cal bitcoin as asset and tax it. Smart governments will ca Bitcoin a money and not tax it, but gain more on long term since economy around Bitcoin will develop faster and stronger.