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bitcoin

American  
[bit-koin] / ˈbɪtˌkɔɪn /

noun

  1. 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.

  2. 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.

Regarding payment methods, ExpressVPN accepts all major credit cards, PayPal, Google Pay and Bitcoin.

From Salon

NordVPN accepts all major credit cards, debit cards, Apple Pay, Google Pay, PayPal and CoinGate, which allows users to pay with Bitcoin, Litecoin, Ethereum and many other cryptocurrencies.

From Salon

But civilians are turning en masse to bitcoin, the world's leading cryptocurrency, which can be withdrawn from platforms and stored in personal wallets, beyond the authorities' reach.

From Barron's

Bitcoin currently trades for more than $68,000.

From Barron's

We didn’t see boards think about Bitcoin, the move to Web3, or many of these other tectonic shifts.

From Barron's