Alternative letter-case form of bitcoin. [(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.]
bitcoin
Definitions, parts of speech, synonyms, and sentence examples for bitcoin.
Editorial note
But in reality exchanges would become obsolete if bitcoin really took off (you would just get paid and purchase goods all in bitcoin, no need to exchange to another currency).
Quick take
Alternative letter-case form of bitcoin. [(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.]
Meaning at a glance
The clearest senses and uses of bitcoin gathered in one view.
(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.
(countable, computing, finance) A unit of the bitcoin (proper noun proper noun, sense 1) cryptocurrency.
Definitions
Core meanings and parts of speech for bitcoin.
noun
Alternative letter-case form of bitcoin. [(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.]
noun
(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.
noun
(countable, computing, finance) A unit of the bitcoin (proper noun proper noun, sense 1) cryptocurrency.
Example sentences
But in reality exchanges would become obsolete if bitcoin really took off (you would just get paid and purchase goods all in bitcoin, no need to exchange to another currency).
An alternative digital currency may emerge that is centralized, or more likely, a single currency exchange will dominate bitcoin.
BitCoin operates in a fuzzy realm, for sure, but it is still poor practice to not follow banking safety practices.
>(3) is happening with bitcoin and tor You can't centralize bitcoin, that would be like trying to centralize p2p sharing, the protocol doesn't allow it.
There is a small number of VPS providers that accept Bitcoin (and require no identifying information) - probably this is your best bet.
Sometimes the tools are used for internet marketing (like Google) other times for energy saving (like Nest) --- or gambling (bitcoin blockchain-based betting).
And it's an awful waste of energy (not saying mining bitcoin in general is a waste of energy, but doing it this way is).
(3) is happening with bitcoin and tor, but as soon as they get popular enough they get centralized again.
Money was recently decentralized with bitcoin.
I built this last year using OpenStack and Bitcoin technology.
We are leveraging Bitcoin blockchain technology to provide hedging and risk management tools that are more accessible, affordable, and globally available than their contemporary counterparts, and with minimized counterparty and clearing risk.
(I'll prove it if necessary, but the tracks to this username have already been proved out by the bitcoin community) This is pretty vivid summary.
Quote examples
The achilles heel of a network such as ethereum (and bitcoin) is that "the crypto-economy" needs to stay causally disconnected from the other economy, that uses blockchains as a tool to run trusted fiduciary code (currency, insurance, identity, reputation).
Proper noun examples
With 8,000$ worth of AWS credit, you would probably get a few cents worth of Bitcoin.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use bitcoin in a sentence?
But in reality exchanges would become obsolete if bitcoin really took off (you would just get paid and purchase goods all in bitcoin, no need to exchange to another currency).
What does bitcoin mean?
Alternative letter-case form of bitcoin. [(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.]
What part of speech is bitcoin?
bitcoin is commonly used as noun.