In the wake of the growth of Bitcoin and other cryptocurrencies, blockchain has made virtually daily headlines. Blockchain, however, is not as well known as bitcoin. In the same sentence, terms like bitcoin system and blockchain raise more questions than they answer. This is before a trader adds Bitcoin to the equation to further confuse matters. Blockchain technology and bitcoin are also popular topics of discussion. Many people might think that way, and it's easy to understand why. Let's sift through the jargon and uncover the truth. In recent years, these terms have been used interchangeably, but they must be distinguished. It is good news that this technology is relatively easy to understand despite cryptic financial and FinTech terminology such as DLT.