Why do we care about cryptocurrencies such as Bitcoin, Ethereum, IOTA, and co.?
Well, first of all, we like “new” technologies and we like the power and the smart community behind crypto, blockchain, tangle, and all the other cool developments.
Personally, I came across this dark-ish topic back in 2015. Bitcoin was around $250 and I was too cheap to buy this expensive coin. Who pays $250 for something that lives only online and nobody understands? Well, not me. FAIL.
Vitalik Buterin, the founder of ETH and bitcoin magazine, is the Elon Musk of the crypto world and his smart and nerdy mind gives me the feeling that blockchain and smart-contracts are definitely here to stay. Especially the smart-contract technology behind the ERC-20 Tokens is spectacular.
According to CoinMarketCap, there are more than 7.000 cryptocurrencies in existence. I don’t want to go into too many details here, but if you want to be able to survive a round table with some Crypto-Enthusiasts, you should use Google and type in some of the buzzwords you have read in this post so far. Don’t get lost in the mass of coins, it’s enough to check out the first 25 coins based on the market cap. Have fun but plz don’t get scammed.