While each transaction is recorded in permanent records. owners of this transaction remained anonymous.
2) Its a risk to hold an asset on an exchange?!?!? Wow, that's just horrible....A risk to hold on an exchange and hold onto the currency. Awesome. A company you invest in can go bankrupt. But the assets of the company are far more quantifiable and trackable via annual reports and qtrly updates than any cryptocurrency and the BoD is usually someone accountable for performance.
3) Please explain how crypto has changed over the last decade. Please also then explain why it lists immutable as a characteristic.
Hmmmm I wouldnt say cryptocurrency or in particular BTC is the best performing asset in history. Firstly because of the very definition of an asset and whether BTC meets that definition is quite opaque. An asset is classed as being valuable. Subjectively I see no value in it and therefore don't see it as an asset. Going off an old accounting definition of an asset:
Provides future economic benefits as a result of past transactions or other past events. The mere fact that you may derive no future economic benefit if its value goes to zero would dictate it fails to meet the definition.
You also regard it as having "performed" when most that have made money from it have merely held it. What performance has actually occurred? Unless of course your referring that people are simply willing to pay more for it as "performance". The "asset" as you call it has not changed or grown in size.
Seems more like a modern era Tulip craze to me. But hey each to their own I guess....
