Menu IconA vertical stack of three evenly spaced horizontal lines. 150 billion circulating in the market today, this ‘next-gen gold’ litecoin expected value taken the financial world by storm.
The question of their survival, which enveloped this fintech invention in the beginning, has now been replaced by the question of the extent of its evolution and adoption. Industry skeptics raised concerns regarding the new “currency’s” power to disrupt the financial landscape as we know it and lead world economies to lose financial control to the hands of the common man. They have also been called “a black hole” into which a consumer’s money could just disappear. These two stark contrasting statements are the reason why cryptocurrencies have inspired more debate than actual commerce. Bitcoin Having the first-mover advantage, Bitcoin is the world’s first peer-to-peer decentralized digital currency, which is now not only the most recognized and known cryptocurrency, but also the only digital currency that is most widely accepted and used in numerous real-world transactions. 80 billion and a supply of more than 16.
4,800, making it the costliest virtual currency on the market. With Bitcoin ATMs and widespread knowledge and adoption, it is now easier than ever to mine and obtain Bitcoins and make actual transactions. Coinbase operates one of the most popular wallets and is a simple way to buy Bitcoins, while Xapo is known for its ease of use in Bitcoin transactions and as a bitcoin cold-storage vault. It has the largest developer ecosystem with more software and more implementations. Security has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins. It has a large lead as a store of value.