If Cryptocurrencies Were Beer… | Cointelegraph

Whether crypto markets are up or down, people will still buy beer.

The American beer industry has seen a 600% increase in the number of breweries between 2008 and 2016, according to data from The Atlantic. And the crypto industry really boomed from nothing in 2008 with the release of pseudonymous author Satoshi Nakamoto’s Bitcoin white paper. By 2017, thousands of new digital assets built on top of that work had found their way onto exchanges. Nowadays cryptocurrency lives somewhere in the public consciousness between a Bloomberg headline and a subculture.

Cryptocurrency remains less than 100% accessible to the general public, but plenty of adults of legal age understand beer references. In that spirit, please enjoy this playful explainer of which crypto is like which beer.

Bitcoin (BTC) is Budweiser

A standard American-style lager, Budweiser is an immensely well-known beer available in establishments east to west and beyond. It doesn’t have all the bells and whistles of…