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ICON Digital Networks News

Final Property on Digital Assets

By Admin


Posted On Friday, 11-Jan-2019 16:34:22 UTC


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  • Monetary Property – Cryptocurrencies also has monetary properties. Although, it is different than your usual fiat.
    • No Debt – Unlike the numbers in your bank account that represents debts and a record of IOUs, cryptocurrencies are money and is as real as gold but only digital.
    • Controlled Supply – Cryptocurrencies such as bitcoin has a limited supply. It has a maximum of 21 million tokens. This is also the same to many other cryptocurrencies but the max number varies. Since bitcoin is likened to gold, it has a limited and finite supply.


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