What is the difference between cryptocurrencies and virtual currencies?
As a cryptocurrency enthusiast, I'm often asked to clarify the distinction between cryptocurrencies and virtual currencies. Could you elaborate on the key differences? Are cryptocurrencies a subset of virtual currencies, or are they distinct categories? If so, what makes them unique? Do they differ in terms of functionality, purpose, or underlying technology? Clarifying these nuances is crucial for those new to the digital asset space, so I'd appreciate a concise yet comprehensive explanation.