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RE: Ripple CEO: Don't call it cryptocurrency

Very interesting to hear him talk about the "assets" that way. As it stands right now he is right. Even though you may be able to find some places where your crypto will be accepted as pay,met, for the most part the coins are used to facilitate money movement or the complete some function within a block chain that gives value. The reason for my surprise is that in many cases there seems to be a push for people to want to use these currencies on a daily basis. There are projects popping up all the time where "digital assets" are being given the ability to function as a currency through the use of various smart cards. Companies are starting to shift to pay,net systems that allow for the use of crypto currencies. The big issue I see with this right now and possibly a big roadblock is the volatility of the market. The amount of crypto an item may cost each day is still always going to be tied to the USD. The value compared to real cash will mean you don't know how much crypto you will need until checkout.

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