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Billionaire Michael Saylor Explains The Difference Between Bitcoin And EthereumBitcoin primarily serves peer-to-peer transactions, whereas Ethereum is a versatile platform for smart contracts, decentralized applications . Bitcoin acts as a digital currency, while Ethereum focuses on providing a platform for decentralized apps, or dApps. Bitcoin (BTC) and Ether (ETH) are two of the most popular cryptocurrencies in the world. They are both based on blockchain technology, but they have some key.