Digital currencies are fundamentally changing the way we think about money and banking. The rapid rise of cryptocurrencies like Bitcoin, along with the
Most of these things are only true for bitcoin. Basically every other cryptocurrency is way more efficient, instant, and has extremely low fees. Bitcoin had a bit of a hostile takeover a few years ago because companies that run bitcoin exchanges wanted to incentivize their own alternatives where the exchanges could pocket more of the fees, and almost every problem in crypto now derives from that takeover.
Most of these things are only true for bitcoin. Basically every other cryptocurrency is way more efficient, instant, and has extremely low fees. Bitcoin had a bit of a hostile takeover a few years ago because companies that run bitcoin exchanges wanted to incentivize their own alternatives where the exchanges could pocket more of the fees, and almost every problem in crypto now derives from that takeover.