Cryptoasset and are misnomers although it is widely used, IMHO.

I call them virtual assets - even "digital asset" is incorrect, IMHO.

A long time ago, computer scientists had to make a choice of how to design and create computational machines:

• analog
• digital

When I was in Chemical Engineering studies, I learned the power of analog and symbolic computation - they are far more powerful than the choice of digital computing.

The rational at that time was human labor was cheaper than computer memory and processing power. It is simpler and required lower skills to write computer programs for digital computation than for analog or symbolic computation.

Anything of value that exist only in the electronic form should be an "virtual asset" and they include:

• unique values such as an "identifier" or "address"
• unique image, an electronic data structure that can be used to re-create an image
• unique data, an electronic data structure that can be used to communicate with humans or other electronic devices

Cryptography was the technology used in creating the blockchain which gives it the security, uniqueness and limited supply. However, it is not the only technology that could provide the same features. Furthermore, as technology advances, the required features will certainly change - witness the smart contract as the first of such feature.