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What are the long-term tangible assets in the world of cryptocurrencies?

avatarAlishba TariqDec 15, 2021 · 3 years ago3 answers

In the world of cryptocurrencies, what are some examples of long-term tangible assets that hold value over time?

What are the long-term tangible assets in the world of cryptocurrencies?
Cryptocurrencies
Tangible Assets
Long-term

3 answers

  • avatarDec 15, 2021 · 3 years ago
    One example of a long-term tangible asset in the world of cryptocurrencies is Bitcoin. Bitcoin is a decentralized digital currency that has been around since 2009 and has consistently held its value over time. Its scarcity and the fact that it is not controlled by any central authority contribute to its long-term value.
  • avatarDec 15, 2021 · 3 years ago
    Another example of a long-term tangible asset in the world of cryptocurrencies is Ethereum. Ethereum is a blockchain platform that enables the creation of smart contracts and decentralized applications. Its native cryptocurrency, Ether, has shown long-term value as it is used to power transactions and execute smart contracts on the Ethereum network.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers a unique long-term tangible asset in the form of staking rewards. Staking allows users to earn additional cryptocurrency rewards by holding their tokens in a wallet and participating in the network's consensus mechanism. This provides a way for users to earn passive income and potentially increase the value of their holdings over time.

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