Bitcoin
name, noun ·Uncommon ·Advanced level
Definitions
- 1 A unit of the bitcoin (proper noun proper noun sense 1) cryptocurrency. countable
"This item costs one bitcoin."
- 2 Alternative letter-case form of bitcoin. alt-of
"And at least one group that was collecting donations in Bitcoins has decided against using them because of possible legal entanglements. […] “I’ve sold 24 collars, 13 leashes and 1 pair of ‘Disco Knickers’ with Bitcoin over the last few months,” she wrote in an e-mail. “The first order I had was for 42 BTC, which was worth about $40 at the time, but now those coins would be worth around $680! Originally I had a fixed Bitcoin price, but now I do a conversion based on the exchange rate.”"
- 3 Alternative letter-case form of bitcoin. alt-of
- 1 A decentralized cryptocurrency using blockchain technology. uncountable
"We do not accept bitcoin at this store."
Synonyms
All synonymsExample
More examples"Bitcoin and Ethereum are virtual currencies."
Etymology
From bit (“binary digit”) + coin, coined by Satoshi Nakamoto, believed to be a pseudonym for one or more people, in the domain name bitcoin.org registered on 18 August 2008; and in the title of the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System”, a link to which was posted on the cryptography mailing list metzdowd.com on October 31, 2008: see the quotation.
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.