Other Alt Currencies

Aside from Bitcoin (BTC), other alt-currencies that have taken the world by storm are:

Ethereum (ETH)

Ethereum is a cryptocurrency developed and headed by Vitalik Buterin, a baby-faced 23 year old Russian programmer. In very little time Ethereum shot up to $40/$50 USD this past March amid concerns/fears of Bitcoin about to undergo a hard fork, the Winklevoss Twins not getting the SEC to approve Bitcoin as a currency in the United States, and internal squabbling. As of this writing one Ether is over $775 USD.

What’s interesting about Ethereum is that it aims to create intelligent, conditional transactions based on “if/then,” which Bitcoin currently lacks.

Litecoin (LTC)

Litecoin was created with the sole purpose of being a more affordable alternative to Bitcoin. As the website states, “Litecoin is a proven medium of commerce complementary to Bitcoin.”

Monero (XMR)

Monero is another cryptocurrency that benefitted a tremendous deal from Bitcoin’s drop in March, and as of this writing one Monero is over $375.

Dash (DASH)

Dash is another cryptocurrency, though promises faster transactions. Dash has gone up, crashed and then gone back up again. It’s now worth over $100 a Dash as of this post.


Ripple “is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple,” a computer software company. At $1.14 a coin now, it doesn’t look so impressive, though bear in mind that Ripple was between 1 and 2 cents until this past year. Famously having tons of coins, Ripple has the third highest market cap, behind Bitcoin and Ethereum.


Neo is touted as the Ethereum of China. With a country of 1.7 Billion people and a restrictive government, there’s much promise for this cryptocurrency to take hold over at least 1/7th of the world’s population. Very promising.


Golem is a computer with the intent to use other peer-to-peer user computer processing power to fuel its’ own computer in exchange of Golem coins. This Polish-run project is still in development but is exciting considering how powerful computers have become.


Substratum is a decentralized web network which plans to eliminate for the need of a VPN. Users in places where internet access is government-restricted but with some form of internet access can run a simple program on a computer device to allow all programs (including browsers) to access an unfiltered internet. This isn’t limited to places like China: with net neutrality about to take over the US and Canada, substratum can be used to bypass that as well.

For a full list of cryptocurrencies and what their values are, check out coinmarketcap.com.

Beware of Fly-by-Nights

However, beware of cryptocurrencies that are fly-by-night. Take the case of the Kanye West coin, for example.