RATE Group | Two cryptos Weiss claims are better than Bitcoin
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Two cryptos Weiss claims are better than Bitcoin

Two cryptos Weiss claims are better than Bitcoin

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Bitcoin’s share of the market has never been bigger, but cryptocurrency ratings company Weiss Ratings claims there are at least two cryptocurrencies that it finds much more exciting.

In its regular mail out, the Weiss team is hawking a video, “3 Cryptos Better Than Bitcoin.” But you need to be a subscriber to actually find out what they are. Decrypt brazenly asked them to spill the beans.

Juan Villaverde, who leads the Weiss Ratings team of analysts and computer programmers, began with a qualifying statement: “Our position is that there are several distributed ledgers (“coins”) that have more advanced technology than bitcoin’s. However, that may not necessarily make them better than bitcoin overall.”

So, perhaps, not better after all? 

Villaverde went on to explain that the company’s ratings look at four major areas— technology, adoption, risk and reward in order to establish a rating. And, while Bitcoin leads in terms of adoption, currently other distributed…

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