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RE: Question: Does Steem Power(SP) counts as a crypto currency?

in #steem7 years ago

Not sure why this is a discussion.
Steem power can be delegated.
Also medium of exchange is not a true definition of a currency it is just he basic one that people throw around.

You need to research that a bit more. Plus why do all utility tokens have to be a "currency"

Most of the people who buy crypto don't use it as a currency these use it as an investment tool.

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Steem power can be delegated.

Except delegation isn't permanent. So it's not truly exchanged

Most of the people who buy crypto don't use it as a currency these use it as an investment tool.

(our) government recognizes crypto as a currency. So I was just wondering if SP is a currency by itself.

Oh... i misunderstood. For that purpose SP is not a currency onto itself.

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