Beyond the reach of governments and intermediaries, it enables mutual trading, direct payments, savings and much more. It's money for people, and the more people own and use it, the more useful it is.
Bitcoin is the first modern cryptocurrency that was launched in 2009. It was Bitcoin that clearly showed us that blockchain-based digital currencies can work in today's world. This attracted the immediate attention of investors, the tech community and idealists who were attracted to the idea of a digital currency without the restrictions and control that banks, investment houses and government regulators still have in the field today.
According to Coinmarketcap, there are currently more than 20,500 different cryptocurrencies in this market. With such a vast number of projects, it might be really difficult to decide where to invest your money, especially if you are not a cryptocurrency expert.