Despite all its volatility, Bitcoin, the world’s oldest crypto asset was declared as the best performing asset class of the decade until last year. Its returns were more than all other investment instruments and ten times higher than those of Nasdaq 100. Again in 2020-21 alone, it was crowned as the top asset class with returns of over 800%. It is equally true that prices of Bitcoin and other virtual assets are subject to wild gyrations across different time periods. But unlike say, a mutual fund or a share which is easy to grasp conceptually, what is a crypto asset and why is it different?