Many people are still getting used to the idea of Bitcoin and the thought of potentially buying another Crypto currency slightly scares them. Moreover, investors are quite averse to investing in a crypto currency. The general perception seems to be that they are too volatile. While the latter point on volatility is indeed true, this could be for very important reasons. There is no doubt that the demand for an alternative method of transacting is immense. People are increasingly suspicious of the monopoly that large financial institutions have on sending money. There are also numerous arguments around money supply and inflation that makes individuals question the current Fiat money system. This is the reason that Crypto Currencies have taken on even more importance over the past few years both for forex trading and general buy and hold investing. Many people would then be asking whether they should be investing in Bitcoin as it is the “go to” crypto currency. This may, however, be an unwise step to take. This is because there is a new crypto currency on the “block” that seems to have much stronger fundamentals than Bitcoin, and that is Ethereum.
What is Ethereum?
As one can tell, Ethereum is a crypto currency that is based on
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