San Francisco (CNN) \u2013 Bitcoin may be the most popular form of digital currency but it\u2019s far from the only one.<\/p>\n
In fact, about 1,500 other cryptocurrencies have emerged since the creation of bitcoin in 2009. And they fall into buckets like stable coins and tokens.
\nCoupled with the lack of clear regulations or oversight and how new the space is, it\u2019s enough to leave any crypto newcomer completely confused.
\nCrypto is valued by investors because it\u2019s not regulated by any central figure. It\u2019s also exchanged pseudonymously, which allows for greater privacy.
\nWhile it was originally used for illicit transactions, it\u2019s gained wider adoption. Even companies like Overstock and Starbucks have started experimenting with how to let customers use it to shop.
\nInvesting in crypto is still risky and volatile \u2013 let\u2019s recall bitcoin\u2019s infamous rise in value to $20,000 late last year and its current price of under $5,000.
\nBecause of this, knowing the core differences is worth your time.<\/p>\n
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San Francisco (CNN) – Bitcoin may be the most popular form of digital currency but it\u2019s far from the only one.<\/p>\r\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"class_list":["post-13038","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\n