ubiquitous social network, and bitcoin, the disruptive crypotcurrency that has sharply divided investors who continue to argue over its legitimacy. Btcusd,.28 insane rally continues to befuddle the haters and enrich the crypto faithful. 3:.95 billion, performance over last 12 months, as of Jan. While hes still extremely bullish on what lies ahead for bitcoin, George Tung, co-founder of Cryptos R Us and a veteran of investing in cryptocurrencies, says theres still plenty of upside opportunity in lesser-known coins. Without getting too wonky, Lee essentially aimed to cut the amount of time required to confirm new transactions and tweak the way bitcoin was being mined to ensure anybody could participate. Cade Metz, stellar Emerges From Shadow of Bitcoin to Find a Home Overseas. Web developer Ryan Fugger, businessman Chris Larsen and programmer Jed McCaleb The skinny: Former bitcoin developers launched software company Ripple in 2012 and its digital currency, XRP, is seen by some industry types as bitcoins logical successor. How useful is this?
The new bitcoin nobody is watching
Nobody ever said that upending the financial system would be easy. Bitcoin is collectively valued at 47 bitcoin suisse ag zug billion but remains a niche product. Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally, its creators explained. I look at the road map of the alt-coin and see how far along are they. Former Google, googl, -1.58 employee (and now notable star in the crypto universe) Charlie Lee.
Its playing out in a big way right now as many of those whove missed out on the digital currency craze kick themselves and frantically search for the next bitcoin or something even better. More important, and trickier, is whether enough people will use and invest in Bitcoin Cash to keep it going. It could happen this morning to many people who hold the cryptocurrency bitcoin.