(often initial capital letter) a type of digital currency that uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system: stores and online businesses that accept Bitcoin.
a single unit of this currency: the current value of a bitcoin.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use bitcoin in a sentence
Last year, the country was only second to Nigeria in bitcoin trading in Africa.Jack Dorsey and Jay Z invest 500 BTC to make Bitcoin ‘internet’s currency’ | Manish Singh | February 12, 2021 | TechCrunch
The bitcoin network has a decentralized architecture that puts it beyond the reach of any government.Mastercard will support cryptocurrencies—but not the ones you think | Timothy B. Lee | February 11, 2021 | Ars Technica
When the news of the purchase became public on Monday, the value of the world's bitcoin rose by about $90 billion while the value of Tesla rose by about $8 billion.
The move is a major sign of support for bitcoin and could encourage other major companies to follow suit in accepting the world’s most popular cryptocurrency.Tesla invests $1.5 billion in bitcoin, will start accepting it as payment | Taylor Telford | February 8, 2021 | Washington Post
A growing number of mainstream organizations have chosen to add bitcoin to their investment portfolios, pushing up the currency's value.Tesla buys $1.5 billion in bitcoin, sending its price soaring | Timothy B. Lee | February 8, 2021 | Ars Technica
bitcoin began 2013 with a roaring price of $770 per unit, and businesses right and left were converting to the ethereal product.You Were Wrong About Miley & Bitcoin: 2014’s Failed Predictions | Nina Strochlic | December 31, 2014 | THE DAILY BEAST
Certainly the bitcoin community continues to treat Karpeles as a pariah.
The bitcoin community and press have vilified Mark Karpeles, the CEO of Mt. Gox, as a clown and a con man.
Those who are enthusiastic about bitcoin should be more careful about making sure they avoid harm.
It all started in 2010, when a French client asked me, “Could I pay in bitcoin?”