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Awesome post! I think most people hear crypto and acquate it with bitcoin. While bitcoin is a crypto, other cryptos are how upcoming tech companies crowd source for their projects. Really, you are investing in a "stock" where you believe the technology that company is developing is going to be the next big thing. Not to say that there aren't meme coins, but it's essentially like investing in a company like Starlink, where instead of holding stock, you hold coin.

3 years ago
1 score
Reason: Original

Awesome post! I think most people hear crypto and acquate it with bitcoin. While bitcoin is a crypto, other cryptoes are how upcoming tech companies crowd source for their projects. Really, you are investing in a "stock" where you believe the technology that company is developing is going to be the next big thing. Not to say that there aren't meme coins, but it's essentially like investing in a company like Starlink, where instead of holding stock, you hold coin.

3 years ago
1 score