Post
Topic
Board Altcoin Discussion
Re: What's the point of so many cryptocurrencies?
by
kak uli
on 13/04/2021, 16:52:46 UTC
Hi,
I was browsing about 50 pages here https://www.blockchain.com/prices?page=50 then I gave up and googled it...there are more than 2000 cryptocurrencies!
Why?
The fiat tends to reduce thanks to EUR, what's the purpose of so many cryptos?

thanks

some say the more crypto, the greater the growth achieved by virtual currencies. there are some currencies created by the developer just to look for the benefits of these tokens, and there are also currencies that are created with a good purpose to make it easier for many people to make transactions, both in making payments online or can be used in certain applications. but in my opinion, the more currencies that are created, the greater our chances of finding good currency to invest in.