1 Cryptocurrency That Even This Skeptic Is Buying
My main concern with most cryptocurrencies is utility. In contrast to fiat currencies like the dollar or euro, many cryptos have little practical use. Yes, you can make purchases and transact in certain types of investments, but doing so is still often very clunky -- to the point where it's easier just to whip out a payment card and slap it down on the counter, or input your card digits on a website.
But there's one crypto I have in my portfolio that not only has a solid, practical use, but also serves as the native currency of a system that promises to continue blazing a trail through the forest of next-generation finance: Ethereum (CRYPTO: ETH). Here's why I believe in this popular altcoin (meaning anything other than Bitcoin).
One of the more exciting developments that has come out of cryptocurrency is the decentralized application (dApp), and the first public blockchain to offer this was Ethereum.
Source Fool.com
