How did you get so rich?
Please show us.
Get rich quick with
AltCoins at your own risk.
Earlier in the fall,
Bitcoin received
what many perceived as
a dose of legitimacy
following the first ever Senate
hearing on the digital crypto
currencies that have taking
the internet economy by storm.
But back in the trenches,
many other smaller currencies
have cropped up, offering
a lower barrier to entry
and new chances
to get rich quick,
even if that promise is
a little tongue in cheek.
Ladies and gentlemen,
please join me
in welcoming the world's most
popular and successful trader.
DogeCoin, or
"DojeCoin," depending
on your preferred
pronunciation, is just
one of several new
alternative currencies
that Lightcoin, probably the
best known, Ripple, Purecoin,
Namecoin, Primecoin, Quartcoin,
and the list goes on and on.
You can find a more
complete view of these
on coinmarketcap.com, which
shows the market caps of each,
Bitcoin with over $10
billion, and the lowest known,
from FedoraCoin, at $70,000.
Go figure.
There's even a Kanye West
themed coin in the works,
supposedly launching next week.
But DogeCoin has captured
the most attention
as of late, inspired by
the inescapable Doge,
or "Doje" meme that involves
a certain cute dog and Comic
Sans.
The currency apparently
came about as the result
of this single joke tweet.
The currency itself is based
on the Lightcoin open source
protocol, which according
to its proponents,
offers a few advantages
over Bitcoin.
Among these, faster
transactions,
and a lower barrier
to entry in mining.
But as it turns out, there's no
such thing as a free DogeCoin,
either.
On Christmas day,
the official site,
dogewallet.com was targeted, the
file system modified, and coin
rerouted all to
a single account.
And according to some
Reddit detectives,
the same perps have since
attacked other related sites,
like instadoge.
For what it's worth, the
DogeCoin powers that be
have pledged to reimburse
all invested coin,
and a charity drive
is in the works
to help all those
sad Doges out there.
Is investing in AltCoin
too risky at this point?
As always, you can let me
know your thoughts on Twitter,
Facebook, Google, or
Vk, all @AnnieGaus.
And as always, you can get
yourself a free Netflix trial
at the URL, netflix.com/wtbd.
thanks for Watching.
See you next time.
Oh, my god!
