Quote:
Originally Posted by afc wimbledon
wasn't sure what else to call it frankly, 'a crypto currency' seemed a bit of a mouthful.
Wasnt trolling at all, I am trying to understand this, none of it makes any sense to me, it is an honest question, maybe it would be better to ask why would we have 10 or 20 or more crypto's? what would be the point or more to the point what market force would keep all of them going?
Like I said none of this makes sense to me
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Ether, Ada, Link, Dot, and many other crypto currencies are more than just some digital way to capture and transfer wealth and they don't all do the same thing. They are similar in that they function as a currency for their environment, but these currencies are built upon and support their own projects. When you buy Ether or Ada, you are supporting the project that the currency is tied to. The project has intrinsic value as well. I suggest you do some basic research on a few different projects to see what interests you.
https://ethereum.org/en/
https://cardano.org
https://chain.link
https://polkadot.network