Coin: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Add quote - source - ACT - https://www.treasurers.org/hub/treasurer-magazine/cryptocurrencies-why-some-more-volatile-than-others)
 
Line 3: Line 3:
A cryptocurrency coin is one that has its own blockchain.
A cryptocurrency coin is one that has its own blockchain.


Examples include Bitcoin, Litecoin, Ethereum and Ripple.
Examples include Bitcoin, Litecoin and Ethereum.


Contrasted with ''tokens'', which do not have their own blockchain.
Contrasted with ''tokens'', which do not have their own blockchain.
:<span style="color:#4B0082">'''''Issuing and creating cryptocurrency coins'''''</span>
:"Coins can be issued in many ways including Initial Exchange Offerings, Initial Dex Offerings and Fair Launch distribution or, as with Bitcoin and Ethereum, need to be mined in order to be created."
:''Cryptocurrencies: why some are more volatile than others - Naresh Aggarwal associate director, policy & technical, ACT.''




Line 30: Line 37:
* [[Cryptoassets]]
* [[Cryptoassets]]
* [[Cryptocurrency]]
* [[Cryptocurrency]]
* [[Cryptocurrency mining]]
* [[Cryptography]]
* [[Cryptography]]
* [[Currency]]
* [[Currency]]
Line 35: Line 43:
* [[Digital public money]]
* [[Digital public money]]
* [[Ethereum]]
* [[Ethereum]]
* [[Fair launch]]
* [[Fiat currency]]
* [[Fiat currency]]
* [[Fungible]]
* [[Fungible]]
* [[Initial coin offering]]
* [[Initial coin offering]]
* [[Initial dex offering]]
* [[Initial exchange offering]]
* [[Intangible assets]]
* [[Intangible assets]]
* [[Internal Crypto-Assets Task Force]]
* [[Internal Crypto-Assets Task Force]]
Line 48: Line 59:
* [[Stablecoin]]
* [[Stablecoin]]
* [[Token]]
* [[Token]]
==Other resource==
*[https://www.treasurers.org/hub/treasurer-magazine/cryptocurrencies-why-some-more-volatile-than-others Cryptocurrencies: why some are more volatile than others - Naresh Aggarwal associate director, policy & technical, ACT]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 19:42, 10 February 2023

1. Blockchain - cryptocurrency.

A cryptocurrency coin is one that has its own blockchain.

Examples include Bitcoin, Litecoin and Ethereum.

Contrasted with tokens, which do not have their own blockchain.


Issuing and creating cryptocurrency coins
"Coins can be issued in many ways including Initial Exchange Offerings, Initial Dex Offerings and Fair Launch distribution or, as with Bitcoin and Ethereum, need to be mined in order to be created."
Cryptocurrencies: why some are more volatile than others - Naresh Aggarwal associate director, policy & technical, ACT.


2. Currency - money - small denominations.

Small denominations of physical money, made of low-cost metals or other low-cost material.


3. Currency - collectable - investment.

Investment coins made of precious metals, usually gold.

Some have a nominal face value, but the market price greatly exceeds the face value because of the precious metal content.

Examples include the American Gold Eagle, South African Krugerrand and British Sovereign.


See also


Other resource