Post
Topic
Board Altcoin Discussion
Re: What's the point of so many cryptocurrencies?
by
ahmia39
on 07/02/2021, 14:39:04 UTC
The first cryptocurrency was created by Satoshi Nakamoto a few years ago with bitcoin and after many were familiar with bitcoin, there were countless other altcoins, basically the creation of bitcoin or crypto only as a digital currency used for virtual transactions on the internet network with using secret codes that are quite useful to protect and maintain the security of the digital currency, but slowly over time, crypto has become an investment asset which is very profitable for all parties, even though it actually understates the basic use of crypto as a substitute conventional currency.
It is extraordinary, maybe this kind of thing is unknown to those who are new to crypto at this time, because there are many crypto users at this time just because they are tempted by the price of Bitcoin and some other Altcoins, even though the side of a digital currency price can also measured by whatever is of value at the moment.