Bitcoin vs. Altcoins: Usable as Actual Currency?

09-July-2018-3rd tpost
Bitcoin vs Altcoin

Traditional financial players, or modern economists, all have reservations about cryptocurrency being adopted as a serious method of payments. But if given a chance which cryptocurrency is the most usable as money? Undoubtedly, Bitcoin is the answer because it’s accepted as a payment more widely than any other cryptocurrency. But other currencies are being increasingly recognized by retailers and companies, and given their superior scalability; they may end up overtaking the original cryptocurrency in the coming months and years. While the volatility of cryptocurrencies renders them impracticable as actual currency, it is possible to use them as money in a wide variety of places and to spend them on everything from pizzas to shoes.

Read more at Cointelegraph

Over 800 cryptocurrencies are now dead

cryptocurrencies dead cnbc

In the last few years, cryptocurrencies have been cropping up across the world. While, these blockchain based projects have raised massive amounts of capital, overall they have failed to deliver what was promised in their white-papers. Few who delivered survived, while the rest perished. Over 800 of these crypto currencies are now dead, adding to comparisons between the current digital coin market and the dotcom bubble in 2000.

Watch on CNBC

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