A group of online entrepreneurs were planning to launch the new cryptocurrency on Thursday. |
The emergence of bitcoin, a digital cryptocurrency that can be used anonymously, is a big part of the reason. |
Bitcoin was the first widely used cryptocurrency, but few people know it is not the only one. |
The cryptocurrency market is thus a market of competing private irredeemable monies. |
What does your cryptocurrency allow people to do that they could not do otherwise, and how does it help them do existing tasks more quickly or cheaply? |
Companies like Lamassu are creating ATMs for the cryptocurrency, allowing you to scan your Bitcoin QR code, enter your cash, and buy bitcoin with the push of a button. |