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Top 5 alternative currencies
Top 5 alternative currencies Any payment method used in place of a recognized fiat currency is considered an alt currency. Altcoins are not regulated by national governments or banks and can be created by any individual, organization, or local government. Usually, altcoins are developed to support local economies or to differentiate themselves from global economic trends. Money has been a concept for more than three thousand years; What started as a barter eventually gave rise to the thousands of traditional and alternative currencies we use today. Although the names are sometimes used interchangeably, there is a slight difference between complementary, community, and alt currencies (including in our list below). In response to or as a remedy for financial problems, alternative currencies 1 bitcoin Bitcoin Cash , a separate cryptocurrency launched in 2017 as a spinoff of the original, is not the same cryptocurrency as Bitcoin . It uses its blockchain and works acc...