You are viewing a single comment's thread from:

RE: Club75 || Steemit Crypto Academy Contest / S2W1 - How Cryptocurrency has Shaped the Financial Realm. What is Its Future? by @anyiglobal

in SteemitCryptoAcademy • 3 years ago (edited)

i think i need clarification on this. this was cropped when you were discussing the difference between crypto and fiat

for crypto: They cannot be carried around physically, meaning they are only feasible on a digital computer. for Fiat: They can be carried around physically meaning they are portable

I think I need more explanation on this as I feel that crypto is also portable if you carry it around on your cold wallet. Overall, it was a great article

I also created a post regarding this contest. Kindly click here to read and drop your opinion

3 years ago in SteemitCryptoAcademy by
$0.00
    Reply 4
    Sort:  
  • Trending
    • [-]
     3 years ago 

    Thanks for the question!

    To my own understanding, all the cryptocurrencies you have now, have you touched them with your bare hands before? Are cold wallets not still software that run offline?

    So to answer your question explicitly, cryptocurrencies cannot be handled and carried about physically but you can with fiat currencies like naira, dollar and so on...

    If you have any question about my explanation let me know

    [-]
     3 years ago 

    I understand your point perfectly well now. Do well to check my entry out also.

    $0.00
      Reply
      [-]
       3 years ago 

      Okay

      $0.00
        Reply
        [-]
         3 years ago 

        Okay

        $0.00
          Reply