In this video, you will learn the difference between Bitcoin vs Ethereum and also which one is better. With the popularity of cryptocurrency more and more people are wanting to come into the crypto space and take part in this new form of technology. Crypto going mainstream brought about a new wave of investors, both retail and institutional. Before we dive into this Bitcoin vs Ethereum topic, let's first discuss what is Cryptocurrency. No, we will not be touching on the Bitcoin price prediction, or even Ethereum's.

What Is Cryptocurrency?
Cryptocurrency is decentralized digital money, based on blockchain technology. In this Video we are just going to cover Bitcoin vs Ethereum, however, there are more than 10,000 different cryptocurrencies in circulation.

What is Bitcoin?
Bitcoin is a digital currency, a decentralized system which records transactions in a distributed ledger called a blockchain. This has gained it the popular reference, Gold 2.0, it's a store of value.

You might be interested in the difference between between Blockchain and Bitcoin: Check it here:https://youtu.be/sD0iguMLrng

Let's look at some of the Pros of Bitcoin
Bitcoin is decentralized, secure, can be globally accessible, and is private/anonymous. These play a major role in what has made bitcoin very popular today. Bitcoin has gotten so big that even nations are starting to adopt it and making it legal tender, such as El Salvador which recently made international headlines, Paraguay is reportedly the next in line.

The above advantages don't go without negatives. Bitcoin transactions tend to be very slow and the price very volatile.

What Is Ethereum?
Ethereum is a blockchain-based software platform for creating and using smart contracts and distributed apps. It is also decentralized, secure and globally accessible. However, this is not to be confused for being the same. They are two different protocols. Ethereum bosts a huge number of applications built on its network with the aim of solving many different real world problems. However, one of the negatives is that it the gases are too high.

So, when considering a Bitcoin vs Ethereum investment, it's important to have your mindset clear as to what it is you are really doing. Are you speculating and hoping to get rich quickly or are you investing for the future. Ethereum has so much going on for it, again, I will not mention any Ethereum price predictions, however, it's projected to have a fairly explosive run leading to the end of the year, so is Bitcoin.

Read Full Article: https://simplepassiveincome.net/best-way-to-keep-your-crypto-safe/

Hit Like, Share, and Subscribe for more ways to earn passive income through crypto.
Store & Protect Your crypto:
http://bit.ly/ownledger

Visit My Website For More Crypto Content and Subscribe to My Newsletter
https://simplepassiveincome.net
========================================================================
Follow Me On Facebook
https://www.facebook.com/simplepassiveincome/
=======================================================================
Follow Me on Twitter:
https://twitter.com/vincembatha
=======================================================================
Contact Me:
Telegram Channel: https://t.me/simplepassiveincome
=======================================================================