Are cryptocurrencies assets or currencies?

The original concept proposed by Satoshi Nakamoto is that Bitcoin is a new model of P2P (peer to peer) payment, where the users connect directly without the need of a centralized entity or bank to do the transactions, and the use of cryptography as a way to guarantee the veracity and security of the transaction. The concept was expanded to the acceptance of people and has worked as a novel model of electronic payments, without the need for cash and preserving the privacy of those who make transactions.

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