Put bluntly, an asset is something which puts money into your pocket. A liability is something that takes money out of your pocket.
Crypto could become an asset due to staking/lending opportunities. I'm not fully convinced with the security of the contracts just yet.
Our homes are arguably liabilities because they take money out of our pocket, rather than put money in it. What culture claims is our biggest asset, seems actually to be a huge liability.
▶️ 3Speak