It started with an idea published in a whitepaper by a pseudonym of Satoshi Nakamoto. It appears to be a mostly organic open source effort after that.. Then, a group of evil people (called Core or something) basically took over Bitcoin and stifled it. Meanwhile, a group of non-evil people just forked the whole damn thing and that's how Bitcoin Cash got started.. Every other crypto is basically a protocol based off of Bitcoin.. most of the ones that gain a following do so because they add new features. Ethereum is the most ambitious where you can embed a whole running program into the blockchain.. it's also one that is tough to scale.
IMO, a small gradual investment in the Top 5-10 cryptos on coinmarketcap.com is a good idea.
I like the idea of how it is right now.. use whatever the hell currency you trust.. and convert it to whatever one is needed to buy from the vendor you want to transact with..
I like that too but it'd be better if bitcoin weren't completely kneecapped. Having to convert is a pain when bitcoin's transaction fees are insane, and ethereum occasionally has the same issue. The one that I trust (XMR) doesn't have enough adoption at present. Honestly, I just want everyone to accept Doge until then.
That scaling debate is how I learned to spot shills and astroturfing, then the 2016 election tactics were very familiar.
It started with an idea published in a whitepaper by a pseudonym of Satoshi Nakamoto. It appears to be a mostly organic open source effort after that.. Then, a group of evil people (called Core or something) basically took over Bitcoin and stifled it. Meanwhile, a group of non-evil people just forked the whole damn thing and that's how Bitcoin Cash got started.. Every other crypto is basically a protocol based off of Bitcoin.. most of the ones that gain a following do so because they add new features. Ethereum is the most ambitious where you can embed a whole running program into the blockchain.. it's also one that is tough to scale.
IMO, a small gradual investment in the Top 5-10 cryptos on coinmarketcap.com is a good idea.
<3 another person who understands the great scaling debate and how Bitcoin's vision died.
I'll throw my hat into the Monero ring, it's the most important project of all and the closest thing to actual digital cash that exists.
I like the idea of how it is right now.. use whatever the hell currency you trust.. and convert it to whatever one is needed to buy from the vendor you want to transact with..
I like that too but it'd be better if bitcoin weren't completely kneecapped. Having to convert is a pain when bitcoin's transaction fees are insane, and ethereum occasionally has the same issue. The one that I trust (XMR) doesn't have enough adoption at present. Honestly, I just want everyone to accept Doge until then.
That scaling debate is how I learned to spot shills and astroturfing, then the 2016 election tactics were very familiar.