Shitcoin Economy: Part 1 — Category

Photo by FLY:D on Unsplash

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Here we go, I am about to write up my Shitcoin economy this week with probably a 5-part series.

Part 1 — Category: it is about how to categorize cryptocurrency away from other digital currencies

Part 2 — Regulations: it is about why the government wants the regulation but they cannot do so

Part 3 — Environment: it is about how environmental impact on the cryptocurrencies and possible its valuation for the future

Part 4 — Technology: it is about how technology can change the way shitcoin performs and how crypto may evolve to become

Part 5 — Detokenization: it is about speculation that if Bitcoin actually extinct and what may happen

I may change parts depending on my research but here is for you guys to enjoy reading.

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Not all crypto is created equal. Some cryptocurrency is just a virtual currency even they may run on the blockchain. It does not matter how the blockchain runs it whether through Proof of Work or Proof of Stake or other forms. As long as they disguise as virtual currency but not a cryptocurrency, the coin is less likely to survive in the long term.