Bitcoin vs. Other Cryptocurrencies
What is Bitcoin?Lesson 5·10 min read
Lesson by Uvin Vindula
There are thousands of cryptocurrencies. Understanding the difference matters — especially for managing risk.
Bitcoin (BTC) — The Original
- Created 2009 | Market cap: Largest
- Purpose: Digital gold, store of value, peer-to-peer cash
- Supply: Fixed at 21 million
- Track record: 15+ years
Ethereum (ETH)
- Created 2015 by Vitalik Buterin
- Purpose: Smart contract platform — powers DeFi, NFTs, Web3 apps
- Supply: No hard cap
Altcoins (everything else)
- Thousands of alternatives: BNB, SOL, ADA, MATIC, etc.
- Higher risk, higher potential volatility
- Many are speculative — do extensive research
- Many have failed or gone to zero
Stablecoins (USDT, USDC, DAI)
- Designed to maintain $1 value
- Useful for: storing value without volatility, trading
- USDT (Tether): Most used — but carries counterparty risk
- USDC (Circle): More regulated, considered safer
⚠️ This is not financial advice. Not every cryptocurrency listed here is endorsed or recommended. Many crypto projects are high risk or outright scams. DYOR always.
Key Takeaways
- •Bitcoin is the original and most established cryptocurrency
- •Altcoins carry significantly higher risk
- •Stablecoins are useful tools but carry their own risks
- •Never invest money you cannot afford to lose — in any crypto
Quick Quiz
Question 1 of 3
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What makes Bitcoin different from most altcoins?