This article was written by Edward Hsiang Ethereum, Bitcoin, Tether, while these may sound like video game items, they are actually all part of the growing cryptocurrency movement. Caught somewhere in-between investment stocks and electronic currencies, crypto has been slowly appearing in mainstream media ever since Bitcoin’s boom in the early 2010s. Nowadays, it seems like a new cryptocurrency is popping up every other week, but there is still very little general understanding around how they work and why they have value. Let’s start with a basic understanding of how real-world money like the Canadian Dollar has value. A common misconception these days is that all currency is commodity based,…