When banking system was created, the bills were attributed some value, something we today call as fiat currency. Its nothing but a piece of paper backed by reserve bank. Still it changed the way we do transactions( Previously it was barter). Then came the online banking, but it lacked the flexibility of true digital currency. That is where satoshi saw opportunity and gave us a system of online currencies, today we call as crypto, which can help us make blockchain based transaction. Which outweighs fiat or online banking.
You are right and I agree with you.
2017 I am familiar with this forum and continue to explore the "difference" between the process of using fiat money and digital currencies otherwise known as crypto. Satoshi's intelligence in giving birth to crypto is extraordinary, especially Bitcoin. He came not to fool the world, but Satoshi conveyed to the world that Bitcoin is the best solution when it comes to future finances. So it is appropriate that the sentence
CryptocurrencyBitcoin is freedom, Banking is slavery that Lauda quoted from Arif Naseem.
You seem to recognize that there is a difference between bitcoin and crypto.. but you are still juxtaposing those terms and even suggesting that bitcoin is just a part of crypto.. which is a kind of shitcoiner (and a confused persons) way of talking about the whole matter including actually knowing what is bitcoin and not being afraid to focus on talking about bitcoin as a force in itself.
Don't get me wrong. Sometimes I also use the term crypto and/or talk about various cryptocurrencies (aka shitcoins), and even describe some other projects and dynamics in broader "crypto" space, such as NFTs, ICOs, Defi and perhaps some other projects that may or may not have some connection with bitcoin.
Yes.. it is a kind of pet peeve of mine, but there seems to be way too much lack of clarity in the way the terms crypto and cryptocurrency is being discussed, and it seems to me that if we are mostly talking about bitcoin, then there is likely no need to even mention crypto or cryptocurrencies, but sometimes if we are talking about various dynamics beyond bitcoin then there might be some kind of need to bring it up.. so accordingly, if we are talking about what satoshi did, to me, it seem way more appropriate and adequate to proclaim that satoshi was building bitcoin, not "crypto".. yeah.. satoshi did mention some other crypto currencies in his various forum interactions, but it seems quite in accurate to be suggesting that satoshi brought "crypto" to the world - even if satoshi himself recognized that the dynamic of just creating bitcoin was quite likely to spark a variety of imitation projects, forks and even snake oil salesmen and snake oil products.
So I suppose part of my own ongoing desires to combat the loose framings of bitcoin as it relates to various other aspects of the space has to do with how various shitcoins, scams and even shady folks are using that kind of vague language to confuse people in regards to what is bitcoin and what are bitcoin projects as compared to some of their projects that may or may not be as closely related to bitcoin as they are making them out to be.
Not. Crypto is too common. Bitcoin is special to me. I'm only interested in Bitcoin and not very interested in crypto for reasons like you mean.
Bitcoin is very different such as ICOs, NFTs and some others that have nothing to do with Bitcoin and I think a more detailed explanation between Bitcoin and crypto needs to be conveyed so as not to be mistaken because the main purpose of Bitcoin is very good to be used as an asset of the future. Therefore, I am not worried about its price drop because I do not judge Bitcoin in terms of price but from its basic purpose.