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New to Cryptocurrency? Here are four Crypto coins we love.

Cryptocurrency is here to stay 


We love cryptocurrency, the decentralized nature allows it to be a sensible hedge from inflation, unfounded government financial policies, and the general pitfalls associated with most fiat currencies. Over the past few years, crypto has become easier to use and seems to be gaining popularity every day. This isn't to say that crypto doesn't have its own set of issues; most crypto coins are volatile often rising and falling significantly in short periods of time. Moreover, some cryptocurrencies use a disproportional amount of electricity, although a new generation of coins are free from excessive consumption.

We are not experts, and this is only our opinion, but we are very involved in the crypto community, and here are some of the coins we like.

 

Bitcoin (BTC)

Obviously, Bitcoin is the standard for crypto coins. When the average person thinks of crypto they will most likely think of Bitcoin. We like Bitcoin, but we don't love Bitcoin. The amount of power it takes to mine Bitcoin is definitely excessive and at $30k (and growing) the amount of money it takes to buy a coin might put most people off (you can buy fractions of coins) That said, we feel the long term adoption of Bitcoin seems inevitable.

Cardano (ADA)

Cardano is open-source and decentralized, using proof of stake to mine coins so the power consumption is far less than traditional coins. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. ADA has a stellar team around it and they have taken a slow grown approach we feel will make it a winner.

AAVE (AAVE)

Aave is an open-source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. This coin is very unique and is completely open-source, which allows anyone to interact with the user interface client, API, or directly with the smart contracts on the Ethereum network. AAVE is able to build any third-party service or application to interact with the protocol and enrich products and networks.

 

AMP (AMP)

Amp is an Ethereum coin that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties. This allows Amp to effectively decentralize some risks of asset transfer—especially for real-world applications.

 

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