I agree with “Bitcoin, not crypto” – with a twist!
Crypto has historically referred to cryptology and cryptography. It should probably remain so.
“Cryptocurrency” makes no sense without the existence of privacy.
So instead, use “Bitcoin” to describe everything that resembles it: private Bitcoin, scalable Bitcoin, smart contract Bitcoin, proof of stake Bitcoin, quantum resistant Bitcoin.
Why? Because Bitcoin is open source just like Linux. Also, Bitcoin is the only for of ecash (electronic cash) that succeeded in starting a revolution.
Of course, every Bitcoin uses a different ticker and trades for a different amount of money. But the shared goal and use of blockchain-derives tech make them all Bitcoins.
Of course, we could have had one Bitcoin that does everything. But the ossification culture has killed any chance of achieving the 21 million coin utopia.
Instead, we have a Bitcoin for every new use case that branched out of Bitcoin due to deficient upgrading. And that’s just fine.
Bitcoin. Not crypto.
Vlad / Vlad, Bitcoin Takeover Podcast
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2026-02-25 17:56:52 CET
Author Public Key
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2026-02-25 17:56:52 CETEvent JSON
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"content": "I agree with “Bitcoin, not crypto” – with a twist!\n\nCrypto has historically referred to cryptology and cryptography. It should probably remain so. \n\n“Cryptocurrency” makes no sense without the existence of privacy.\n\nSo instead, use “Bitcoin” to describe everything that resembles it: private Bitcoin, scalable Bitcoin, smart contract Bitcoin, proof of stake Bitcoin, quantum resistant Bitcoin. \n\nWhy? Because Bitcoin is open source just like Linux. Also, Bitcoin is the only for of ecash (electronic cash) that succeeded in starting a revolution. \n\nOf course, every Bitcoin uses a different ticker and trades for a different amount of money. But the shared goal and use of blockchain-derives tech make them all Bitcoins. \n\nOf course, we could have had one Bitcoin that does everything. But the ossification culture has killed any chance of achieving the 21 million coin utopia. \n\nInstead, we have a Bitcoin for every new use case that branched out of Bitcoin due to deficient upgrading. And that’s just fine. \n\nBitcoin. Not crypto.",
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