Bitcoin N'est PAS de la «CRYPTO» ! Voici Pourquoi :

April 3, 2023
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Generated Summary

Bitcoin is often categorized as a cryptocurrency, but it stands apart. The term 'cryptocurrency' stems from cryptography, ensuring data security. Bitcoin pioneered these techniques, aiming for pure decentralization. Unlike many cryptos, Bitcoin lacks a central figure and operates on the proof-of-work mechanism. It is neutral, considered a commodity by some regulators. In contrast, other cryptos prioritize centralization, with larger nodes and controversial centralized decisions. They often use proof-of-stake for validation, raising concerns about concentration of wealth and insider dominance. Furthermore, these cryptos function more like securities than currencies. The Bitcoin culture focuses on long-term adoption, while crypto enthusiasts chase short-term gains in fiat or various assets. In reality, Bitcoin is a part of the crypto world, but their objectives and characteristics diverge significantly.

Key Points

  1. Bitcoin pioneered techniques for data security and decentralization in the crypto world.
  2. Bitcoin operates on the proof-of-work mechanism and lacks a central figure, emphasizing neutrality and decentralization.
  3. Many cryptocurrencies prioritize centralization, use proof-of-stake, and function more like securities than currencies.
  4. Bitcoin culture focuses on long-term adoption, while crypto culture tends towards short-term gains in fiat or assets.
  5. Distinguishing between Bitcoin and cryptocurrency is crucial in understanding their contrasting principles and goals.

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