Altcoins News
By James Thorp
1 / 11
Joel Valenzuela, Journalist expressed his crypto intelligence stating: Transparent cryptos can still employ mixing services to make your transactions confidential.
2 / 11
Most crypto networks are extremely transparent. You might not know who's behind each transaction, but anyone can see all the activity on the network at any time.
3 / 11
I could send money to a Venezuelan that they can use to buy real groceries at mainstream supermarkets for a fraction of a penny, it's permanent in seconds, and no one can stop it.
4 / 11
The initial revolutionary part of crypto was that you can receive global permanence for transactions without a centralized third party.
5 / 11
You use long, user-unfriendly addresses to send and receive crypto. Several username systems exist, but these usually map to a static addresses, which makes your privacy far worse.
6 / 11
While in many cryptocurrencies, anyone can run a node to verify their own transactions, you really don't have to.
7 / 11
If you practice good security, it's really hard to get your crypto stolen from you, and it's much easier to hide than physical assets like gold.
8 / 11
Another revolutionary aspect of many cryptocurrencies is the ability to earn income on an investment, whether by running mining hardware or buying and staking etc.
9 / 11
Imagine the difficulty of verifying that a gold coin you received was actually legitimate. It's MUCH easier with cryptocurrency to run a node and do the same.
10 / 11
A big reason crypto is surging so fast is that it allows anyone to participate in building on it. Companies have to hire and lead a competent team.
11 / 11
There's no barrier to enter into cryptocurrency. No degree, and you can work and get paid as an anonymous person often, directly in crypto.
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