# Crypto Asset

A digital asset that is traded on a [blockchain](blockchain.md).

Crypto assets have no [use value](use-value.md), no [fundamental value](fundamental-value.md), and no [income-cashflows](income-cashflows.md) and are a manifestation of the [greater fool theory](greater-fool-theory.md).

## Examples

* [Bitcoin](bitcoin.md)
* [Ethereum](ethereum.md)
* [Dogecoin](dogecoin.md)

## Comparables

Crypto assets have no direct correspondence in traditional markets, but have several pathological equivalences of traditional assets with absurd premises or terms. 

* Zero-coupon perpetual [bond](bond.md)
* Unspendable [currency](currency.md)
* [Equity](security.md) with no cash flows or dividends
* [Commodity](commodity.md) with no use value
* Exchange traded [pyramid-scheme](pyramid-scheme.md)
* [Derivative](derivative.md) contract with no underlying
* [Libertarian](ideologies/libertarianism.md) performance [art](art.md)
* Self-organizing [ponzi-scheme](ponzi-scheme.md)