In the digital world we live in, new systems need to be established in order to regulate relationships between the members of the information society. While the existing financial system occasionally leads to recessions, growing debts, and numerous frauds, the alternative is still in development — it is digital currencies which are based on cryptography and backed up by math. They have their imperfections too, but the technology is being constantly improved.
Cryptocurrencies: the gold and the silver
While Bitcoin is the main global cryptocurrency used by a significant (although still generally small) part of the world population, there are other coins which serve as an alternative to Bitcoin. Just like there are other precious metals besides gold, both utilised in industries and used as value storage, there are Bitcoin and altcoins.
If you are starting to look in the alternative direction, you might get interested in what has been deemed the silver in the universe of cryptocurrencies, Litecoin. Just like the primary cryptocurrency, which is today Bitcoin, Litecoin can also attract investors, traders, or crypto enthusiasts. A Litecoin to Bitcoin exchange is a place where those can be easily found, as the interested parties are usually attracted by both