It’s best thought of as a commodity, similar to gold, that has a market price but doesn’t generate economic activity, the way https://pbase.com/topics/bandargulw/itvfqfg766 a business does. Speaking broadly, cryptocurrencies purport to be items of inherent value that are designed to enable purchases, sales and other financial transactions. They are intended to provide many of the same functions as long-established currencies such as the U.S. dollar, euro or Japanese yen but do not have the backing of a government or other body. Other often-touted features of cryptocurrencies include personal anonymity and the absence of government regulation or oversight. Critics of cryptocurrencies note that these features may facilitate illicit trading and financial transactions, and that some of the purported beneficial features may not prove to be available in practice. When it comes to recovery of funds either from binary options, crypto, forex and ponzi schemes.