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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.

Centralized, gated and closed on weekends, the New York Stock Exchange is the ultimate architectural symbol of everything bitcoin was created to disrupt.

From The Wall Street Journal • Apr. 17, 2026

The advent of quantum computing threatened the security of bitcoin according to Jefferies’s strategist Chris Wood.

From MarketWatch • Apr. 16, 2026

Last summer, firms were able to raise tens of billions of dollars if they rebranded themselves as crypto-treasury companies to purchase bitcoin and more obscure cryptocurrencies.

From The Wall Street Journal • Apr. 15, 2026

In the early days of bitcoin, an electronic cigarette company, a biotech firm and an iced-tea company refocused around the cryptocurrency.

From The Wall Street Journal • Apr. 15, 2026

“The risk-reward of buying/adding bitcoin here is improving considerably,” Richey told MarketWatch on Tuesday.

From MarketWatch • Apr. 14, 2026