Bitcoin definition

The definition of bitcoin is a publicly-owned, digital form of currency that uses cryptography (information security algorithms) to securely send and receive payments.

An example of bitcoin is the digital money that can be allocated using a cell phone to donate to an Internet site such as Wikileaks.

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A decentralized digital currency.

We do not accept bitcoin at this store.

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A unit of the bitcoin digital currency.

This item costs one bitcoin.

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Alternative form of bitcoin.
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Other Word Forms

Noun

Singular:
bitcoin
Plural:
bitcoins

Origin of bitcoin

  • bit (“binary digit") +"Ž coin

    From Wiktionary