CRYPTO COINS- ALT CURRENCIES. WHICH ONES HAVE A PROPER USE. THE HARSH REALITY.

Hello everyone

This came up in a conversation today so over the next few posts I am going to highlight which coins have a purpose or a future going forward. Some of you may not like it as you may be heavily invested in that particular coin. I will be brutally honest as out of the thousands there will realistically be between 30 and 50 that will make it. They have to have a use and an investment doesn't count as there is no future without real world uses. The investment coins will be left behind as the every day coins take on mass adoption.

1. Bitcoin. Too slow for transactions and too costly. Was the original crypto currency. Was used by investors to buy other coins with on exchanges. That is now changing as more and more can be purchased directly with USD. Investment purpose only.

2.Etherium. Like Bitcoin, Ether is a digital bearer asset (similar to a security, like a bond, issued in physical form). Just like cash, it doesn't require a third party to process or approve a transaction.But instead of operating as a digital currency or payment, ether seeks to provide "fuel" for the decentralized apps on the network.While this might sound complicated, you can think of a more concrete example of how tokens might power a user experience.Let's go back to the example of a decentralized online notebook. To post, delete or modify a note, you need to pay a transaction fee in ether to get the network to process the change. The downside is tron was on Etheriums platform and has developed and moved on taking its development apps and some of the customers that rely on Etherium will go with it.
Because of it's limitations and coins moving off it's apps to go on their own it will be an investment coin only.One used to have to buy Bitcoin or Etherium to purchase other coins. That is now changing. I wouldn't invest in this. Look at EOS.
3.Ripple. The bank coin. Not overly popular as the crypto market wants to get away from banks. Like all the other coins has block chain technology. If the banks don't use it to save on banking fees then it is screwed. Investment coin at the moment until banks take it on mass. One to watch but not rule out. Has a potential use.

1. Bitcoin Cash. Bitcoin Cash was created because Bitcoin was too slow and too costly for transactions. It has an every day use and therefore has a future.
   5.EOS. The EOS vision is to build a block chain dapp platform that can securely and smoothly scale to thousands of transactions per second, all while providing an accessible experience to app developers, entrepreneurs and users. They aim to provide and complete operating system for decentralized applications focused on the web by providing services like user authentication, cloud storage, and server hosting. basically the security of Bitcoin and the computing support of Etherium. One that will be around in use for years. Definite investment .

Will do more in the next post.