In the main discussion surrounding cryptocurrencies and real life, some legal concepts that define the current civil rights of society do not find a parameter for the ethereal definition with which cryptocurrencies present themselves in the world.

The concept of possession, ownership and valuation govern almost all modern societies that use the capitalist system to maintain their economies.

A fact that, capitalist or not, no country in the world fails to perceive, in its laws, to a greater or lesser extent, the criteria of possession, ownership and valuation of all or some relations of society.

When you enter the financial market, the basis that guarantees the trading of intangible financial assets - such as shares and investment funds - is called ownership: the purchase of a share, in a company, in fact guarantees the possession of that role as being yours , guarantees the right to dividends - whether any - for its holder, conferring ownership and the number of these shares means a portion of the value of that company, constituting the holder the valuation of these shares.

Thus, a share, held in custody by a broker, is, as the term says, held in custody by a third party, in this case, the holder of the papers.

From this relationship, there is even the first point of differentiation between being the owner of something and being the owner of something: the owner facilitates the transfer in the negotiation, as he is in possession of a portion of something that is normally not his as a whole. Being an owner, it gets more complicated, it depends on more laws to sell, because if you are the owner of something, as a whole, being responsible for everything that happens with that property.

In this sense, when using currency, paper money or money order, you are the holder of that paper money that represents a value, until you exchange it for something else, thus transferring the possession, ownership and value that that paper money represents. In this case, the owner of the paper money, which allows the use, is the country's central bank and, in its absence, some government agency.

Thus, cryptocurrencies, as they do not have possession, ownership, or guaranteed value, by general legislation, would be nothing!

In fact, when you get some cryptocurrency, the only thing you have, in practice, is the actual currency conversion to a computational symbol. The unique guarantee of these investors only exists because the broker says so and because of the confidence in obtaining an asset.

In other words, if the brokerage firm loses all its computers at once, there is absolutely nothing to be done, in the legal sense of complaint, as to what was acquired. It is known that the person transferred the money somewhere and then what?

From the point of transfer on, the relationship becomes private between the transferee and the recipient.

Some might say: but there is the smart contract that proves the right. Well, if your contract was tied to that broker, not even the wallet could be accessed to claim any contract.

Conclusion: cryptocurrencies do not, financially and legally, nothing more than a transfer of money to share, without conferring ownership of anything.

Saying "I have 2 BTC!", therefore, might even make you rich when you transfer that amount back to real currency. But otherwise, within this cryptoworld, you have no right to walk, because BTC means nothing: it is not a financial, commercial, industrial or individual product.

Briefly, for example, you have money, you transfer it to limbo, play in the unknown limbo and, only when you leave limbo, redeeming it in real currency, is this value, in the form of money, worth something again.

The difference between money that goes into limbo and money that goes out of limbo is called gain, if the value is greater, or loss, if the value is less.

It doesn't matter, mathematically, how you won or lost, the numbers matter.

In this way, gain, in limbo, is what you get when you settle between entering and exiting a financial position, after discounting the fees. Example, I entered with 100 in limbo, I gained 110 in the cryptocurrency position, when I left I returned with 99, in fact 1 was lost, that is, a loss of 1% of the invested assets.

Many people delude themselves of having won, but they don't see that in the end they end up losing.

The idea here, however, is to show that, legally, it is not worth anything and, therefore, it is a high-risk financial operation, the financial theory applies: the greater the risk taken, the greater the gains made (or losses taken! ).

That's why there are a lot of people being attracted to the cryptoworld!

That's why tricky tokens can't, if they don't return with real money, be punished for scamming investors!

Also for this reason, governments start to create taxes on this difference between entering limbo and leaving limbo: everything is regulated when the government starts to charge a tax on it, see regulated marijuana!

The care in the cryptomundo comes precisely from this condition: cryptocurrencies do not mean walks, they are symbols of currency exchange, no paper, no legal claim!

On the other hand, the fact that they are ethereal allows cryptocurrencies to be transnational, that is, they transit the entire globe, giving freedom and allowing business around the world.

And this is far from nothing: doing business without depending on bureaucracy, without depending on nationalities or even emsmod and speaking the same language is very important.

Cryptocurrencies are an example of how the world can come together, forgetting differences, through the millenary art of commerce and the exchange of values.

The wind of change that came with the cryptocurrencies made the financial market revise many archaic commercial concepts.

Therefore, cryptocurrencies are everything but nothing.

But this all presupposes that investors are mature to understand the risks they run and the positions they take.

There is no way back to the "nothing" that cryptocurrencies represent, but there is still a long road for all that the system needs to go through to reach the full confidence of the traditional financial market.

How much are we collaborating for this journey?