This Brand-Name Business Became the First to Accept Ethereum

This Brand-Name Business Became the First to Accept Ethereum

Though the stock market has historically been the greatest creator of wealth, it's cryptocurrencies such as bitcoin and Ethereum that have left traditional assets in the dust in 2017. Bitcoin has seen its value climb by nearly 500% year to date, while Ethereum, the second-largest digital currency by market cap, was up by more than 4,000%. We'd have to go back more than three decades to get returns like that from the broad-based S&P 500.

The rally in cryptocurrencies has mainly been due to a combination of excitement surrounding blockchain technology, a weaker U.S. dollar, and in some instances the opportunity of using digital coins as an alternative payment platform.

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Source: Fool.com