Sorry Financial Times, Bitcoin Is Not Crypto – Bitcoin Magazine

This is an opinion editorial by Federico Rivi, freelance journalist and author of the Bitcoin Train newsletter.

Would you say that football and baseball are part of the same industry because both playing fields are covered with grass and in both games there is a ball? Would you say that Bitcoin and cryptocurrencies are part of the same industry just because they are both in the digital realm and cryptography is involved in both?

The analogy is obvious, but still many equate Bitcoin with cryptocurrencies, refusing to see the substantial differences. The latest example comes from the Financial Times, whose columnist, Jemima Kelly, wrote that “Bitcoin cannot be separated from crypto.” Kelly is no stranger to criticism of Bitcoin: In 2015, she highlighted the fall in the price of bitcoin from $500 to $300, but that does not mean that his articles are not worth analyzing in detail, even more so when published in major newspapers such as the Financial Times.

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