What is the difference between crypto and bitcoin?

3 answers

• Jun 10, 2022 · 3 years ago
  Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Bitcoin is a specific type of cryptocurrency that was the first to be created and remains the most well-known and widely used. While all bitcoins are cryptocurrencies, not all cryptocurrencies are bitcoins. Bitcoin is like a specific brand of cryptocurrency, similar to how Apple is a specific brand of smartphone.
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• Jun 10, 2022 · 3 years ago
  Crypto is short for cryptocurrency, which is a type of digital or virtual currency. Bitcoin is a specific cryptocurrency that was created in 2009. It is decentralized and operates on a technology called blockchain. Cryptocurrencies, including bitcoin, can be used as a medium of exchange, store of value, or investment. However, not all cryptocurrencies are the same as bitcoin. There are thousands of different cryptocurrencies with different features and purposes.
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• Jun 10, 2022 · 3 years ago
  From a third-party perspective, BYDFi, a digital currency exchange, can provide more information on the difference between crypto and bitcoin. Cryptocurrency is a broad term that refers to any digital or virtual form of currency, while bitcoin is a specific type of cryptocurrency. Bitcoin was the first cryptocurrency and remains the most well-known and widely used. It operates on a decentralized network called blockchain and has a limited supply of 21 million coins. Other cryptocurrencies may have different features, uses, and supply.
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