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Reason: None provided.

Look into the story of the Bitcoin Cash fork and the scaling debate. Sometimes Bitcoin's transaction fees are $10+ for months at a time making it unusable as a currency.

Blockstream has a major influence on Bitcoin's code development and they are funded by Digital currency group, which is funded by MasterCard.

When looking for which Crypto might best fit the role of sound money, look for the following:

  • Is there a finite supply of tokens? For example Bitcoin is still being mined but will eventually run out and reach a finite limit of 21 million coins so there will be no pesky inflation. Many coins do have an infinite supply.

  • Is it a pre-mine scam? How are new coins created, both currently and when it first started? For example Bitcoin and several cryptos are ethically minted and decentralized. Bitcoin had no pre-mine. It was open to the public from the very beginning so anyone can mine it and participate in securing the network. Some other coins like Ripple, are centralized and created all the tokens at the start and kept 80% for themselves that they sell into the market.

32 days ago
2 score
Reason: None provided.

Look into the story of the Bitcoin Cash fork and the scaling debate. Sometimes Bitcoin's transaction fees are $10+ for months at a time making it unusable as a currency.

Blockstream has a major influence on Bitcoin's code development and they are funded by Digital currency group, which is funded by MasterCard.

When looking for which Crypto might best fit the role of sound money, look for the following:

  • Is there a finite supply of tokens? For example Bitcoin is still being mined but will eventually run out and reach a finite limit of 21 million coins so there will be no pesky inflation. Many coins do have an infinite supply.

  • Is it a pre-mine scam? How are new coins created, both currently and when it first started? For example Bitcoin and several cryptos are ethical minted and decentralized. Bitcoin had no pre-mine. It was open to the public from the very beginning so anyone can mine it and participate in securing the network. Some other coins like Ripple, are centralized and created all the tokens at the start and kept 80% for themselves that they sell into the market.

32 days ago
2 score
Reason: Original

Look into the story of the Bitcoin Cash fork and the scaling debate. Sometimes Bitcoin's transaction fees are $10+ for months at a time making it unusable as a currency.

Blockstream has a major influence on Bitcoin's code development and they are funded by Digital currency group, which is funded by MasterCard.

32 days ago
1 score