Cryptocurrencies continue to grow, with new currencies cropping up all the time, and are here to stay. Their rising popularity is driven by the proven reliability of the top cryptocurrencies, Bitcoin and Ethereum.
If you wish to participate in cryptocurrencies, or simply want to know what they are all about, this cheat sheet covers the important terms you need to know and understand to be well-equipped for your crypto experience. Think of this cheat sheet as a series of guideposts for navigating the world of cryptocurrencies.
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The Definition of 99 Cryptocurrency Terms
What’s the Future for Crypto?
The Matrix and Terminator movies show what can happen to societies when they develop awesome technological power, centralize it, and then lose it to a hostile force. Cryptocurrencies are designed to prevent a Matrix or a Skynet scenario because they run on decentralized computer networks.
That being said, while cryptocurrencies have the potential to spread decentralized financial services to everyone on the planet, they still have many years of evolution and integration ahead of them. During that period, fiat currencies, and the centralized networks they run on, will continue to experience less volatility and have near-monopoly of global financial transactions.
