I've been hearing the phrase "build a token on the Bitcoin protocol" tossed around. I understand how to build something on Ethereum, but how does one build on the Bitcoin protocol?
I think they are reffering to creating their own coin by just copy paste bitcoin and renaming it to YourNameCoin for example
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Ethereum have advanced language that can do stuff and bug/crash whole coin, Bitcoin is more conservative and secure.