B1-66ER (OP)
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BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
The term ‘crypto’ brings to mind Schneier, B. (2015) ‘Applied Cryptography: Protocols, Algorithms, and Source Code in C. 20th Anniversary Edition.’ Indianapolis, Indiana: Wiley. in Chapter 1…”
A message is plaintext (sometimes called cleartext). The process of disguising a message in such a way as to hide its substance is encryption. An encrypted message is ciphertext. The process of turning ciphertext back into plaintext is decryption. This is all shown in Figure 1.1.
(If you want to follow the ISO 7498-2 standard, use the terms “encipher” and “decipher.” It seems that some cultures find the terms “encrypt” and “decrypt” offensive, as they refer to dead bodies.)
The art and science of keeping messages secure is cryptography, and it is practiced by cryptographers. Cryptanalysts are practitioners of cryptanalysis, the art and science of breaking ciphertext; that is, seeing through the disguise. The branch of mathematics encompassing both cryptography and cryptanalysis is cryptology and its practitioners are cryptologists. Modern cryptologists are generally trained in theoretical mathematics—they have to be.
That’s why my mantra is “Bitcoin NOT Crypto”.. BTC>
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HideYourKeys
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Metal Seed Phrase at the lowest price! From 44.99
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April 24, 2024, 04:38:55 PM |
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Me neither, luckily people are starting to differentiate bitcoin from other crypto, that is a good start
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mk4
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Paldo.io 🤖
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April 24, 2024, 04:48:02 PM |
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Not a fan of it either because cryptography aside, 'crypto' sounds so edgy like it's some sort of teenager counterculture thing. But yea what can we do — it's now pretty much a household word that it's too late to change. Even 'DeFi' and 'WEB3' didn't stick as much as 'crypto'.
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kentrolla
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April 24, 2024, 05:03:31 PM |
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To be blunt, nobody likes the term crypto but can we do something about it? No, we cannot do a thing about it and I have started using terms like Bitcoin and altcoins or sometimes crypto/Bitcoin. I guess now it inevitable as everyone addresses it as crypto and some of my friends use crypto as the first time even when they are referring to Bitcoin. There are certain other terms like NFT which I don't like for strange reason but we gotta live with it as it doesn't matter what we think Lol.
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Marvelockg
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April 24, 2024, 05:19:44 PM |
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That’s why my mantra is “Bitcoin NOT Crypto”.. BTC>
the reality is that as long as this whole ecosystem is concerned, the analogy regarding if it's right or not to look at Bitcoin as one of the cryptos will always be a subject to be discourseed and outside of those of us that are in the system and understands that this is an ecosystem that's made of Bitcoin vs cryptos (be it an altcoin that has been doing well or a meme coin that's just Relevant due to the hype, others from the outside world don't probably have this kind of knowledge. Even those that invest in those cryptos already know that those kind of investment is for a temporary bases and that's why whenever they are in slight profit, they shift it all into Bitcoin which serves as a long term investment medium. Even when we talk about the issue of adoption, it sucks to even make use of the word crypto adoption, in place of Bitcoin adoption and I doubt if there is anything as that. What's real big deal is Bitcoin and any other shit out there is just deriving her relivance from the crumbs that falls off the table of Bitcoin.
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aylabadia05
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April 24, 2024, 06:10:59 PM |
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<snip>
That’s why my mantra is “Bitcoin NOT Crypto”.. BTC> Crypto can be interpreted very generally because there are so many types with different names. Calling Bitcoin a crypto is not correct in many ways because there is only one Bitcoin which is abbreviated as BTC, not WBTC, BCH and others that I don't know about. If Bitcoin is referred to as crypto, it is not surprising that some people equate all types of crypto in the crypto space as the same. If one of the cryptos is invested and the person is deceived, then Bitcoin will be included in that section. Obviously that is not true because Bitcoin (BTC) is not a scam coin.
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Kelward
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April 24, 2024, 06:24:58 PM |
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To a layman in the community where I live, they unfortunately attributes crypto to scam, maybe because of the tales of shitcoins that they've heard how it ruined people's capitals, and they'll put Bitcoin in that category because they're all cryptocurrencies. I wish that we can differentiate Bitcoin from the many scam projects because they're all called cryptos, just like we that are into the space differentiates Bitcoin, by calling others altcoins. I guess that the name "crypto" has come to stay, so we'll just have to tell the few people who cares to know about the difference between Bitcoin and the rest.
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Alphakilo
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April 24, 2024, 06:53:25 PM |
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BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
This is so true. Crypto for the uninformed, uneducated is synonymous with scams. Plenty people in my community have fallen prey to different forms of crypto scams and it is the reason why bitcoin education and awareness was met with a hostile attitude and mindset when it was introduced to them. It took a lot of effort to make them see that bitcoin is not crypto and it is not a scam. Even the government didn't help in no small way, with their outright ban on "crypto" transactions because for them, it facilitated lots of scams. However, the situation has improved and people know better to differentiated the two. And yes, I am with you on not liking the term "crypto".
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coolcoinz
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April 24, 2024, 07:13:31 PM |
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I feel the same, although not as strongly about crypto as I don't associate it with scams, but when I hear the term all I can think of is shitcoins.
I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin. Cryptocurrencies - sounds fine. Crypto - sounds like NFTs, shitcoins and scam coins.
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Hamza2424
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🇵🇰 Pakistan
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April 24, 2024, 07:23:58 PM |
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Hmm, whether you like it or not it is a fact that most people do use it in flow, I would agree with most of the points you've mentioned that yup there's a dark reality behind this term but buddy every image possesses the dark and light spots, and it's up to you that what you discover in the first look.
Anyway, the things are described in the figures haha and where is figure 1.1, it seems like you've copied some of the stuff it's just my blind attack, you should explain it a little bit bro. Bitcoin is Bitcoin and Crypto is Crypto haha initially wanted to comment a joke but I cant firstly I want to know about he figure haha.
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Dr.Bitcoin_Strange
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April 24, 2024, 07:48:40 PM |
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You have just explain the fact about that word "crypto", but truth is that that word as stuck to the hearts of a majority of individuals in the blockchain space. As a matter of fact, most people have even mistaken the alt coins for Bitcoin, and they now generally refer to Bitcoin as crypto. It is now like the saying, "If you can't beat them, you join them." Despite saying that, I still hate it when some people don't spell out Bitcoin when making reference to it but rather say crypto.
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bluebit25
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April 24, 2024, 07:51:42 PM |
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Sympathize with the OP's personal issue, but really to me it doesn't make much of a difference because it's simply a term to use as a means of communication. I also use "crypto" often and it wasn't until you mentioned this that I thought a little more, and asked the question "Does it make us unhappy?" So sometimes in life there are many things that come from a personal point of view and create discussion (debate), but in essence, it is similar to how they call A, B, C. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Simplify your thoughts and don't make them complicated.
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South Park
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April 24, 2024, 08:22:00 PM |
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I feel the same, although not as strongly about crypto as I don't associate it with scams, but when I hear the term all I can think of is shitcoins.
I used to refer to the whole industry as crypto space, but the longer I remain a bitcoin holder the more I want people to dissociate it from bitcoin. Cryptocurrencies - sounds fine. Crypto - sounds like NFTs, shitcoins and scam coins.
Unfortunately we have no influence on how other people refer to this market, and since many of them have no idea about what they are talking about, it is natural they mix all kind of terms, to me bitcoin is bitcoin, and whenever I want to address it I do so by its name and avoid doing so indirectly, so when I hear the term crypto I think about cryptography and not cryptocurrencies, so I will admit that when I hear someone using that term when referring to cryptocurrencies, I need to take a pause to understand what they really mean.
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GbitG
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April 24, 2024, 08:25:49 PM |
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It's pretty interesting, OP! As an ordinary member of the forum, I am of the opinion that there is no problem with using the term crypto. Because of this forum I think every member here is well aware of the difference between crypto and Bitcoin. That is, by comparing the two, one can recognize that Bitcoin is Bitcoin and Altcoin is Altcoin. So if someone uses the word crypto here, it does not mean scam, because the people of this forum know that all crypto is not a scam scheme, but the foundation of cryptocurrency is Bitcion, so Bitcion is also included in this cryptocurrency. If a person calls all cryptocurrency a scam, his claims will definitely be implied on Bitcoin, which is also a scam. but in fact it doesn't make sense to me. So it is true that when people hear the name crypto, scams, shitcoin, or pump dump, they come to mind, but in fact it is not a cryptocurrency scam scheme, some things have been defamed by shitcoin and scam coins. And now this crypto word has become popular among people. Now it is difficult to understand these people.
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franky1
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April 24, 2024, 09:32:13 PM |
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crypto is more of a shortened word for all cryptocurrency
however some define individual coins differently digital assets, digital commodities, tokens, coins, meme-stock, crap coins deflationary currencies,
there is no law on how you define it, there is no law forcing everyone to call bitcoin a 'crypto'. just use terms that describe them properly(good adjectives/nouns) and make the descriptor popular
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Rabbitqt
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April 24, 2024, 09:35:44 PM |
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Anything that uses blockchain is crypto. So bitcoin is crypto!
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Alpha Marine
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April 24, 2024, 09:48:06 PM |
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I actually don't have any issue with the term, maybe because I'm not a lame person to the term. Thinking about it now, I don't use the term often, I usually use bitcoin or altcoins. I've always seen crypto as an abbreviated form of cryptocurrency and nothing more, never related it to scams too.
The term on its own has no negative meaning. People will always make whatever meaning in whatever way they want. There are people whose brains just ring scam when they hear "bitcoin". Bitcoin is not at fault here but for those who have refused to understand what it is, the same applies to crypto. Only people who are not enlightened on this subject think of scams when they hear crypto. Everybody here knows there's bitcoin and there are altcoins but they're all cryptocurrencies.
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Sandra_hakeem
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April 24, 2024, 09:52:38 PM Last edit: April 24, 2024, 10:06:36 PM by Sandra_hakeem |
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Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchain so what are you saying? BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
it has created a very Stern impression in our minds - coupled with the rug pull over the years on CEX - people tend to look at bitcoin in disdain when it's collectively Called among cryptos.. You see, learning is a process that never denies an impartation...As a result, people have seen the relentless evolvement overtime and, Bitcoin doesn't have to prove itself through several more decades.
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Rabbitqt
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April 24, 2024, 11:32:12 PM |
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Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchain so what are you saying? Excuse me, I was wrong. I don't really mess around with alts much, but you're right. I think IOTA uses something called Tangle (correct me if I'm wrong), and it doesn't solve blocks or something like that? To be fair, its functionality is very similar to blockchain.
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oktana
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April 24, 2024, 11:56:46 PM |
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Hate it or love it, Bitcoin is Crypto. No matter how you want to treat it, it is a cryptocurrency just like we have many others. What I get from people most times is how they think that crypto is a scam and this is always caused by some altcoin, etc. So any thing said about crypto in general or accusations about it still ends up hitting all innocent cryptocurrencies, especially Bitcoin. But it is what it is.
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