bitcoin
Americannoun
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Often Bitcoin the first widely established cryptocurrency, which uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system.
Increasing numbers of stores and online businesses accept Bitcoin.
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a single unit of bitcoin, the first widely established cryptocurrency.
The value of a bitcoin has sometimes surpassed the value of an ounce of gold.
Usage
What's the difference between bitcoin, cryptocurrency, and digital currency? See digital currency ( def. ).
Etymology
Origin of bitcoin
First recorded in 2005–10; bit 3 ( def. ) + coin
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Chun said the “biggest underappreciated risk in the market” right now is the “unprecedented convergence” of three long-running and winning themes for investors: AI, bitcoin and private credit.
From MarketWatch
The third part is bitcoin, which has become “increasingly entangled” with AI and private credit.
From MarketWatch
That’s as bitcoin mining firms in the past two years have repurposed big-scale data centers to host AI workloads, Leuthold said.
From MarketWatch
To fund this, many miners have borrowed from private credit markets, with bitcoin their most liquid collateral.
From MarketWatch
“The diversification benefit among AI, bitcoin and private credit is just not what people think at this point,” Chun said.
From MarketWatch
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.