after reading the reply, made me get new knowledge.
Bitcoin and other altcoins are cryptocurrencies and can also be called digital assets because cryprocurrency has fulfilled the classification as a digital asset which has a value
Topic: bitcoin, ethereum etc. cryptocurrency or digital asset? - page 3. (Read 488 times)
Yes it is true that Bitcoin Ether and ripple can be declared as digital marketing. I don't think these online coins will clash with anything. I think the security of human resources can be further enhanced through this digital market.
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
Have you search what is cryptocurrency before creating this thread? This is the result on my first searchQuote from: https://en.wikipedia.org/wiki/Cryptocurrency
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership
They already said cryptocurrency is one kind of digital asset, so many newcomers already know cryptocurrency is a digital asset. Even if they only know Bitcoin is a cryptocurrency, they will search what is cryptocurrency since they didn't know what cryptocurrency mean. Name is name, don't make it complicated.Cryptocurrency doesn't get massive adoption since many regulation still ban bitcoin, saying bitcoin is scam and people worried about volatility.
I think that regarding if the name is attached to bitcoin or not still it won't matter at all. I would agree to many of us that the reason why mostly all government dislike and disapprove the use of cyptocurrencies is because it is decentralized and the government cannot hold any right to do regulations on it that make them think that crypto is no worth for them.
a name is still a name, so it won't matter. what makes the government dislike crypto is not the name. but from its advantages, crypto is a decentralized currency and because of this it is difficult to control crypto. governments do not accept things they can't control.
In my opinion, bitcoin is a cryptocurrency as well as a digital asset. all depends on each holder in considering it. Why ? because bitcoin, eth has both of these functions, besides being a digital asset, it can be a crypto-based currency that can be used to transact in the user community.
earlier I apologize if my English is bad
This is what is always on my mind "bitcoin, ethereum, ripple etc. are cryptocurrencies or digital assets?"
have you ever thought that the naming of cryptocurrency is very influential on bitcoin etc.? because the naming of cryptocurrencies that are currently attached to bitcoin etc. makes bitcoin clash with government regulations relating to the applicable currency
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
I think the naming of cryptocurrency or digital assets plays a big role in the perspective and development of bitcoin
this is just my assumption, what do you think?
This is what is always on my mind "bitcoin, ethereum, ripple etc. are cryptocurrencies or digital assets?"
have you ever thought that the naming of cryptocurrency is very influential on bitcoin etc.? because the naming of cryptocurrencies that are currently attached to bitcoin etc. makes bitcoin clash with government regulations relating to the applicable currency
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
I think the naming of cryptocurrency or digital assets plays a big role in the perspective and development of bitcoin
this is just my assumption, what do you think?
Fiat currencies are hard or physical currencies that you can touch or feel. Then cryptocurrencies are currencies that you can not touch nor feel hence the name, so I think is it correct. Also, digital assets also means digital currencies, the word digital is as a result of the technological nature of the assets or currencies, so in the same way, digital assets or digital currencies is correct. Now looking at these two, you will understand both means the same thing, which is currencies which cannot be touched but are piloted and backed by the technology they depends on. So in my own opinion, whether they are called cryptocurrencies, digital currencies or digital assets, they all means the same thing, hence Bitcoin, Ethereum and so on falls under it, and represent by it.
While your thoughts are considerable, the digital asset is a class or type of investment and it's not about the naming whether bitcoin is a crypto or digital asset. Actually, bitcoin is both, a cryptocurrency and a digital asset that we're all like to hold. IMHO, it's not important whether bitcoin will be named as a digital asset because it will be classified into it. And bitcoin shall always be known as the most popular cryptocurrency. Not that matters if it's bothering you.
it seems that anyone's naming will have no effect on policy. because we know that the naming is only a symbol, but the contents of the naming remain the same. so the most important thing is to change the function of bitcoin and the obvious benefits that will make it easier for the government to give a positive signal to bitcoin
i think its better called digital assets my friend, because in my opinion its more valueable rather than cryptocurrency
Do you mean crypto that has bitcoin name attached to it? Like the obvious fork coins BCH, BSV or BTG? Crypto enthusiast knows that they are fork coins so nothing much has change. As for the effect on bitcoin? the same approach, we know who is the true bitcoin so tit for tat.
And regardless of all the semantics, digital asset, digital gold etc or e-currency, it wouldn't have that much effect though, we can call all the names and change it, but still the fundamental are still there, use them as form of money.
And regardless of all the semantics, digital asset, digital gold etc or e-currency, it wouldn't have that much effect though, we can call all the names and change it, but still the fundamental are still there, use them as form of money.
earlier I apologize if my English is bad
This is what is always on my mind "bitcoin, ethereum, ripple etc. are cryptocurrencies or digital assets?"
have you ever thought that the naming of cryptocurrency is very influential on bitcoin etc.? because the naming of cryptocurrencies that are currently attached to bitcoin etc. makes bitcoin clash with government regulations relating to the applicable currency
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
I think the naming of cryptocurrency or digital assets plays a big role in the perspective and development of bitcoin
this is just my assumption, what do you think?
This is what is always on my mind "bitcoin, ethereum, ripple etc. are cryptocurrencies or digital assets?"
have you ever thought that the naming of cryptocurrency is very influential on bitcoin etc.? because the naming of cryptocurrencies that are currently attached to bitcoin etc. makes bitcoin clash with government regulations relating to the applicable currency
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
I think the naming of cryptocurrency or digital assets plays a big role in the perspective and development of bitcoin
this is just my assumption, what do you think?
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