Kaliandra (OP)
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
|
|
|
|
Edwardard
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 01:16:11 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Firstly, welcome to the forum. Secondly, bitcoin itself is a form of crypto (since it uses encryption to verify transactions), there is nothing to differentiate here. Thirdly, I assume you were about to ask difference between bitcoin and altcoins, anything other than bitcoin is an alt (even usdt).
|
|
|
|
|
tranthidung
Legendary
Offline
Activity: 2366
Merit: 4159
Farewell o_e_l_e_o
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 01:24:49 PM Last edit: December 29, 2022, 01:44:02 PM by tranthidung |
|
Bitcoin is unique. We have only one Bitcoin. Altcoins are a lot, thousands according to Coinmarketcap (22140), Coingecko (12863) [1, 2]. Important note, not all altcoins are listed at these sites. Many of them can not get approval for listing or were delisted after turning to dead projects. Bitcoin network is decentralized. Altcoins network are all centralized. Their centralizations can be different by centralized severity but they are not decentralized like Bitcoin. Bitcoin network is a strongest one according to its total hashrate and estimation for How many confirmations are equivalent to 6 Bitcoin confirmations? [3][1] https://coinmarketcap.com/[2] https://www.coingecko.com/[3] https://howmanyconfs.com/
|
|
|
|
Coin_trader
Copper Member
Legendary
Offline
Activity: 2870
Merit: 1201
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 01:28:26 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Simply Bitcoin is a type of crypto currency. They are not different since crypto currency is just the classification of Bitcoin. Fiat = USD, EURO & other currencies Crypto Currency = Bitcoin, Ethereum, Litecoin and other shitcoin Maybe you confused the word of crypto to altcoins which has a lot of specific difference in Bitcoin.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Igebotz
Staff
Legendary
Offline
Activity: 1470
Merit: 1765
The Naija & Stake Sherrif 📛
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 01:41:53 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Crypto is the umbrella term for digital / micropayment currencies like Bitcoin and other altcoins, much like Fiat is the general term for all local currencies (Dollar, Naira, Cedis, etc.). And keep in mind that the cryptocurrency world is very risky, from storage to spending to investment; you should know what you are getting into before buying. Do not fall for quick money investments; there is no shortcut in the world of cryptocurrencies; you get what you pay for. Don't invest if something seems too good to be true. Edit: Simply Bitcoin is a type of crypto currency. They are not different since crypto currency is just the classification of Bitcoin.
Fiat = USD, EURO & other currencies Crypto Currency = Bitcoin, Ethereum, Litecoin and other shitcoin
Maybe you confused the word of crypto to altcoins which has a lot of specific difference in Bitcoin.
You beat me to it..... Nice explanation.
|
|
|
|
..stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
[center][table][tr][td][url=https://stake.com/?c=Igebotz][font=Arial black][size=24pt][glow=#0f212e,2][color=transparent][size=8pt].[/size].[size=9pt][sup][size=16pt][color=#fff]Stake.com[/size][/sup][/size].[size=8pt].[/td] [td][/td][td][/td] [td][size=2pt][tt] [color=#2d4454]▄████████████████████████████████████▄ [glow=#fff,2]██ [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] ██[/glow] [color=#ed5564]▄████▄[/color] [glow=#fff,2]██ [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] [color=#0c79ed]██████████[/color] [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] ██[/glow] [color=#ed5564]██████[/color] [glow=#fff,2]██ [color=#0c79ed]██████████ ██ ██ ██████████[/color] ██[/glow] [color=#ed5564]▀██▀[/color] [glow=#fff,2]██ [color=#0c79ed]██ ██ ██████ ██ ██ ██[/color] ██[/glow] [color=#ccc]██[/color] [glow=#fff,2]██ [color=#0c79ed]██████ ██ █████ ███ ██████ ██[/color] ██[/glow][color=#ccc]██▄ ██[/color] [glow=#fff,2]██ [color=#0c79ed]█████ ███ ████ ███
|
|
|
Taskford
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 01:44:20 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Good you ask that basic question so hopefully the answers given gives an exact idea about things you want to learn about bitcoin and other cryptocurrency. Maybe to add up some information to help you get more better knowledge about it try to grab some information by researching about bitcoin on google. Also you can read up the pinned message of the forum or even create different more thread in this section to ask about your other question thay bothers you since there are reputable member will share their knowledge about some things they know about crypto.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Lucius
Legendary
Offline
Activity: 3332
Merit: 5924
Crypto Swap Exchange🈺
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 02:39:40 PM |
|
In my opinion, the biggest difference between Bitcoin and other cryptocurrencies that were created after it is that Bitcoin has remained essentially unchanged from the Genesis block until today. Of course, throughout this time we had some upgrades that should have made Bitcoin more functional considering the fact that its user base has increased over the years from a few tens of people to several million.
Everything else that appeared after tried to compete with Bitcoin in some way, whether it was about max coin supply, block size or forcing POS as some kind of "better" POW alternative. It's no secret that every altcoin that is based on POS, has x100 more max supply and it is premined can not be in the same category as Bitcoin.
In other words, the only man who didn't ask for anything for himself and didn't get rich from his invention is Satoshi - everyone else did it for profit.
|
|
|
|
Dunamisx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 03:25:17 PM |
|
what's the difference between bitcoin and crypto?
We have alot of digital currencies forming the constitute of cryptocurrency but bitcoin is the first and only decentralized one of all other cryptos which they were also referred to altcoins, bitcoin os believed to be created by a pseudoanonymous person named Satoshi in which the process of it mining required a proof of work by solving complex mathematical equations while bitcoin is given as a block reward, bitcoin also uses the blockchain for the verification, confirmation and storage of bitcoin and their corresponding transactions, you can learn more by a simple google search through the internet or using the forum search option for better definitions.
|
|
|
|
Eureka_07
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 03:29:03 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Bitcoin is an example of cryptocurrency. Cryptocurrency is a digital currency/money, it was created so people can transact with one another away from banks or any financial entity. One objective is for us to be freed from the chains of these governing bodies.
|
|
|
|
CryptoPanda
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 09:59:15 PM |
|
Though bitcoin is a form of cryptocurrency, bitcoiners like to separate bitcoin from the rest of the pack so bitcoin is regarded as itself “bitcoin” in a lone box and all other cryptocurrencies(Altcoins) are grouped together. The major difference I think is the price fluctuations between the two, cryptocurrencies generally both bitcoin and altcoins are volatile but altcoins explode more. There’s also a kind of relationship between both, where if bitcoin rises, Altcoin rises exponentially and if bitcoin falls, altcoins falls exponentially as well.
|
|
|
|
Smartvirus
Legendary
Offline
Activity: 1526
Merit: 1139
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 10:14:54 PM |
|
Simply Bitcoin is a type of crypto currency. They are not different since crypto currency is just the classification of Bitcoin.
Fiat = USD, EURO & other currencies Crypto Currency = Bitcoin, Ethereum, Litecoin and other shitcoin
I hope you understand the simple arithmetics because, this is some precise and direct explanation of your question using mathematical expressions. Crypto or cryptocurrency is just a broad or canopy name for any form of digitalised currency. Just like you have people say money (fiat) currency. Meaning money backed by a central bank like you have in $Dollar, £pounds, #Naira and the many indigenous currencies of existing nations out there. When it comes to cryptocurrency, we have BTCBitcoin, Ethereum and the lots of them out there. Mind you, Bit on is the pioneer currency and as such, any other coin other tha Bitcoin is referred to as an Altcoin (Alternate or alternative cryptocurrency). Check some terminologies and it might aid you in understanding what is going on in the crypto industry.
|
|
|
|
Mate2237
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 10:30:53 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Crypto is the umbrella body of bitcoin, while bitcoin is a branch of Crypto but bitcoin is the KING in the crypto ecosystem. There are many cryptos and bitcoin is one of them. Another name for bitcoin is BTC which is the short form of it. One of the main difference which I Know, crypto which is the short form of cryptocurrency can't be used to buy anything because it is not coin per say but it is the general name given to all digital Coins. While bitcoin is a coin that can be used to buy things. Linguistically, crypto or cryptocurrency is a common name while BTC or bitcoin is a proper name.
|
|
|
|
kamvreto
Legendary
Offline
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 10:49:06 PM |
|
~snip~Everything else that appeared after tried to compete with Bitcoin in some way, whether it was about max coin supply, block size or forcing POS as some kind of "better" POW alternative. It's no secret that every altcoin that is based on POS, has x100 more max supply and it is premined can not be in the same category as Bitcoin.
and all racing to build their own crypto claiming to be able to rival bitcoin in everything from transfer speeds, to cheap fees and more. But those developers don't realize that the bitcoin community is stronger, the bitcoin network is decentralized, unlike altcoins which are centralized and camouflaged assets and assume the system is decentralized. Bitcoin still survives with POW and Altcoins like Ethereum move to POS. Bitcoin is the most advanced part of cryptocurrencies and Bitcoin = Bitcoin. In other words, the only man who didn't ask for anything for himself and didn't get rich from his invention is Satoshi - everyone else did it for profit.
and the creator of Bitcoin remains unknown and hides himself. while altcoin developers are currently competing to appear and be at the forefront with the goal of profit and fame. it's pretty common to hear.
|
|
|
|
Iroh
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 10:54:42 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
Yeah, I wouldn’t bother to add to the list of explanations differentiating between cryptocurrency and bitcoin. And I’m confident that with these explanations, your question is answered. I just want to quickly point out that among all the numerous coins that is grouped as cryptocurrencies, bitcoin reigns supreme and should be what you should be focused on now. All other alternate coins are as risky as they come and is better left alone. While learning more about bitcoin, I think it’s noteworthy to stress the point that exchanges are never safe to keep and store your bitcoins.
|
|
|
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
|
|
|
Jon_Hodl
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 227
Merit: 93
Humble Bitcoin Stacktivist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 11:41:32 PM |
|
Bitcoin is a decentralized electronic cash system that is truly outside the reach and control of any centralized entity. It relies on math and free-market incentives to reward miners for finding a number (nonce) that completes a math equation. When they complete this math equation, they win bitcoin.
Bitcoin is a very pure and simple system that works like a machine.
"Crypto" is a term that has been hijacked by a number of scammers who have pre-mined altcoins (shitcoins) to get unsuspecting noobs to purchase their coins in an attempt to make massive profits. When enough unsuspecting users buy their shitcoin, those who can print this coin out of nothing will sell all of theirs and drive the price down substantially.
The bitcoin community is working to draw a clear difference between Bitcoin (an objective system that is based purely on math) vs altcoins/shitcoins/crypto (centralized scams that use cryptography to rob unsuspecting retail investors) which are attempting to ride the coat tails of Bitcoin and its honest incentives.
Bitcoin is open, honest, and fair.
Crypto is 99% scams. It might even be 100% scams.
|
I'm here to chew bubblegum and stack sats....and I'm all out of bubblegum. - Learn More About Bitcoin: What Is Bitcoin?
|
|
|
Ryker1
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 11:42:50 PM |
|
hi friends everyone? This is my first post, and I'm not experienced in the world of crypto. I want to ask, what's the difference between bitcoin and crypto? I hope all my friends can explain to me,,?
crypto is a short-term cryptocurrency that is also known as a digital currency and the first decentralized digital currency created was bitcoin. I like the term above using crypto as an umbrella term which is the leading of it is bitcoin and those below are those altcoins also called cryptocurrency. Since everyone looking for improvement or progress in bitcoin on their own, and bitcoin cannot be modified, they created altcoins in the same aspect as bitcoin. Now the difference is bitcoin is there is no entity that controls it or makes it even the creator while the other crypto was managed and manipulated by their creator or developer, also bitcoin was created for a payment purpose only.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
hatshepsut93
Legendary
Offline
Activity: 3038
Merit: 2155
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 29, 2022, 11:52:37 PM |
|
This is a good and right question.
When Bitcoin was created, the word "cryptocurrency" didn't exist. In fact it wouldn't exist for quite some time until people started creating modified copies of Bitcoin. That's when the need for a more general term arouse.
Originally "cryptocurrency" was defined as a currency that exists on a decentralized network of computers. But there are many cryptocurrencies that are not decentralized, and yet no one is bothered by this fact, despite their centralization defeating the whole purpose of cryptocurrency. This is because most people in crypto community only come here for high risk high reward trading and not actually to use cryptocurrency.
Crypto ecosystem is so toxic and useless that we might as well abandon it and say that Bitcoin is what Satoshi described it - a peer to peer digital currency.
|
|
|
|
Darker45
Legendary
Offline
Activity: 2674
Merit: 1892
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 30, 2022, 01:54:41 AM |
|
Bitcoin is a cryptocurrency. It is a currency that uses cryptography in validating transactions and making sure the information are safe. So, Bitcoin is a cryptocurrency, but I'm afraid it isn't vice versa. Cryptocurrency is not Bitcoin. It now refers to thousands of other coins. Thus, when one speaks of cryptocurrencies, it is now referring to more than 20,000 of them. This has caused a little trouble with the term cryptocurrency. Many Bitcoin supporters don't want Bitcoin to be lumped together with the rest of what are called cryptocurrencies primarily because they aren't the kind of coins that Bitcoin is. The way they are designed, they somewhat betrayed the very reason why Bitcoin was created. And so, many would want Bitcoin to be separated from the rest of the cryptocurrencies resulting to slogans like Bitcoin, not crypto.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
pooya87
Legendary
Offline
Activity: 3542
Merit: 10778
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 30, 2022, 04:10:09 AM |
|
Bitcoin is a cryptocurrency but not all cryptocurrencies are bitcoin! Like all thumbs are fingers but not all fingers are thumbs ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Usually when people say "crypto" or "cryptocurrency" they mean altcoins not bitcoin. (since it uses encryption to verify transactions)
There is a difference between "cryptography" and "encryption". Encryption is a cryptography algorithm that encrypts a message into a ciphertext that can be decrypted using a key to get the message again. Bitcoin does NOT use encryption at all in its protocol (encryption is used for wallets but it is not part of the protocol). Bitcoin uses cryptography: hash algorithms for mining, computing block and tx hashes, etc. and asymmetric cryptography using an Elliptic Curve for its keys and signature generation in transactions.
|
|
|
|
|