Term of the Moment
BIZMAC
Definition: altcoin
(ALTernative COIN) A non-Bitcoin cryptocurrency. Bitcoin was the first blockchain-based digital currency and spawned Ethereum, Ripple, Litecoin and thousands of others.
Are They Mostly Scams?
Unfortunately, yes. Altcoins are viewed as an investment opportunity, but most are about as sound as a paper boat in the middle of the Atlantic Ocean. However, people hear about the huge success of Bitcoin, Ethereum and other cryptos and are willing to believe the promotional material. Nevertheless, some altcoins will likely make some people very wealthy. Buyer beware! See crypto glossary.
Not Exactly Cryptocurrencies
Are They Mostly Scams?
Unfortunately, yes. Altcoins are viewed as an investment opportunity, but most are about as sound as a paper boat in the middle of the Atlantic Ocean. However, people hear about the huge success of Bitcoin, Ethereum and other cryptos and are willing to believe the promotional material. Nevertheless, some altcoins will likely make some people very wealthy. Buyer beware! See crypto glossary.
Keeping up with the times, this New York restaurant defined these four drinks as deviating from the norm in its wine menu.