14. Exploring Other Virtual Currencies

Bitcoin is just one of several virtual currencies available today. Although Bitcoin is the biggest of the players, it’s not the only game in town. In fact, there are several cryptocurrencies that claim to take what Bitcoin is doing and do it better, in one way or another.

If you’re into the virtual currency thing, should you stick with Bitcoin or should you check out Litecoin or Dogecoin or any of the hundred or so other active cryptocurrencies today? That’s the question we seek to answer in this chapter, which is all about those virtual currencies that aren’t Bitcoin.

Why Do We Need Even More Virtual Currencies?

Let’s be honest. Bitcoin is still an experimental currency, in the very infant stages of ...

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