Does this cryptocurrency have something that actually works? And are you able to use it right now? This shouldn\u2019t be too hard to figure out.Now, here\u2019s the important part. Seeing a functional product is pretty easy to figure out. But, if there is a functional product, is it competing with another project that already does it?Just having a functional product isn\u2019t good enough. Most cryptocurrencies are open source. Meaning that anyone can create their own version. All they\u2019d have to do is change some details and launch it. Then, they could sucker people in by claiming it\u2019s better than the original. This is partly why there are so many scammers.Let\u2019s look at a real example for a moment.Litecoin has been a popular cryptocurrency for a while. It was one of the first coins listed on Coinbase. And it has a functional product. But what is it really trying to do? It\u2019s trying to replace Bitcoin. It wants to be the internet of money. But there\u2019s just one problem\u2026 it can\u2019t.Litecoin prides itself on 2 improvements to Bitcoin. The transactions are faster, and the fees are lower. That\u2019s it. But it doesn\u2019t fundamentally change anything. It wasn\u2019t first. Bitcoin has the first-mover advantage. Bitcoin is going to be the safer investment. Every single time.If you sent me Litecoin, I would trade it for Bitcoin without thinking about it.Getting people to actually use new technology is difficult. It will be a long time before most people start using Bitcoin in the first place. Do you think you\u2019re going to get all those stubborn folks to switch over again to Litecoin just for slightly faster transactions and lower fees? Of course not. It wouldn\u2019t be worth it.Even the founder sold all his Litecoin at the peak of the 2017 Bull Run. Imagine a\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Does this cryptocurrency have something that actually works? And are you able to use it right now? This shouldn\u2019t be too hard to figure out.Now, here\u2019s [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4050"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=4050"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=4050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=4050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=4050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}