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> Many discussions of Bitcoin and cryptocurrency—I am going to use “Bitcoin” and “cryptocurrency” interchangeably for convenience, even though Bitcoin is just a
by sibeliuss 6y ago
> Many discussions of Bitcoin and cryptocurrency—I am going to use “Bitcoin” and “cryptocurrency” interchangeably for convenience, even though Bitcoin is just a specific cryptocurrency
Ok, umm, next please!
- samspenc 6y agoWhile I understand this reference interchangeability is technically not correct, most of my non-technical friends use the terms "Bitcoin" and "cryptocurrency" the same way: basically using one term to refer to the other.
- AstralStorm 6y agoThat's because besides the big three, and with most crypto transactions running on Bitcoin, it is true. Ethereum shares most of the problems for now while adding complexity of designing bug free contracts. (If that fails, someone will steal your gas.) Monero is the third and both smaller, maybe more private, more expensive to mine. And value of all three are rather strongly correlated.