What is a digital asset ?

A digital asset is an intangible asset in binary format including a property right. Data that does not include this right is not considered digital assets.

A digital asset necessarily has a financial value, determined by supply and demand, like all other (non-digital) assets.

A cryptocurrency (or crypto) is an electronic money supported by a decentralized computer network.

The number of units in circulation and the maximum money supply are defined in advance and visible to all. Until proven otherwise, a cryptocurrency cannot be counterfeited or spoofed.

It does not depend on a central bank or a state.

Cryptocurrencies work through a computer technology called Blockchain.

Source : Actifs Numériques and Cryptoencyclopedie

Crypto history

One might be tempted to assume that cryptocurrency has been around since the early 2000s when the Internet started to gain momentum and consumers started making payments and shopping online.

Truth be told, the concept of c ryptocurrency only began to surface in 2008, when Satoshi Sakamoto outlined its principles and how it works.

The introduction of Bitcoin the following year officially launched cryptocurrencies on the financial market.

Source : Finances et patrimoine

What are the prospects?

Buying cryptocurrencies is buying the support currency of a blockchain or investing in a project. The money bought is immaterial ... Some would even say that it is only "wind". If the blockchain is destroyed, or if the project never comes to an end, the cryptocurrency is worth absolutely nothing on the market.

The cryptocurrency market is very volatile. It is not uncommon to see cryptocurrencies double or triple in less than an hour; But it's also not uncommon to see cryptocurrencies take -90% in less than an hour. Volatility is a risk; You must be aware.