At DCEBrief, we are committed to providing the information that our readers need to educate themselves about the digital currency and blockchain revolution. As part of that commitment, we support the efforts of other groups and organizations that share that vision. After all, true mass adoption of this technology innovation required an educated and informed population.
We recently had an opportunity to interview Erica Stanford, co-founder of Cryptocurrency Simplified – a platform that shares our commitment to ensuring that people have the resources they need to understand and use digital currency and the blockchain. In that interview, she provided details and insight about her exciting project.
When most people hear about the 1600 cryptocurrencies and ICO tokens listed on CoinMarketCap, they assume that number includes every one ever launched. This assumption may come after they scroll down to the end and notice hundreds that have no marketcap and/or no volume. The bottom of the list is often referred to the graveyard – a place where abandoned coins go to die. The real graveyard however, is wherever they go after they are removed from the listing. At least while they are on CoinMarketcap, for better or (usually) worse, there is a marker of their demise.
As the years go by, we tend to forget that digital currencies have been around for quite a while now. For some of us, it is a technology that almost feels like a habit. We can’t imagine the world without it. However, to people who have not yet been introduced to the finer details, cryptocurrencies remain a grey area – something that certainly seems interesting but, at the same time, feels just a bit dangerous. It is our mission to help them understand one simple truth: digital currencies are the single, safest option for our future.
The 21 Bitcoin Computer has attracted a great deal of excitement, and its parent company, 21 Inc., has already pulled together $120 million from such investors as Peter Thiel, co-founder of PayPal, and Andreessen Horowitz. So one of the most well-funded Bitcoin startup yet allows the user to buy a chip that allows for the creation of bitcoin. The amount right now is small — about 10 cents per day if you leave it on — but the potential applications are significant, beginning with the future of micropayments and then potentially moving into larger payments as well.