Bitcoin
noun
Bit·coin
ˈbit-ˌkȯin 
variants
or less commonly bitcoin
: a digital currency created for use in peer-to-peer online transactions
Introduced in 2008 by a person or group using the name Satoshi Nakamoto, Bitcoin is the most prominent of a group of virtual currencies—money that exists mainly as computer code—that have no central issuing authority.—
Carter Dougherty
Carter Dougherty… Bitcoin … is backed by no government and has a fluctuating value linked in part to a scarcity that is mathematically predetermined.—Glenn Zorpette
Glenn ZorpetteThe venture capital industry is beginning to take a good, hard look at a new financial instrument coming out of the bitcoin community—Initial Coin Offerings, or ICOs.—Richard Kastelein
Richard Kastelein
also, usually bitcoin
: a unit of this currency
Commercial space venture Virgin Galactic—which announced on Nov. 22 that it would start accepting bitcoins to reserve a refundable $250,000 seat on a future trip—is just the latest of many businesses that have recently embraced the decentralized virtual payment system. (At press time, 1 bitcoin was worth roughly $879.) —Time
Time Examples of Bitcoin in a Sentence
Recent Examples on the Web
The latest shift was when Trump Media and Technology Group purchased crypto to bolster its balance sheet, transforming Trump’s company from a social-media play to a Bitcoin bet.
—Danielle Chemtob, Forbes.com, 13 June 2025
The money then can be shared amongst Bitcoin wallets.
—Pioneer Press, Chicago Tribune, 11 June 2025
Presidential candidate Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024, in Nashville, Tennessee.
—Josh Hammer, MSNBC Newsweek, 11 June 2025
The two efforts have begun to overlap, with Trump Media recently announcing plans to raise funds to purchase Bitcoin.
—Mandy Taheri, MSNBC Newsweek, 31 May 2025
See All Example Sentences for Bitcoin
Examples are automatically compiled from online sources to
show current usage.
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Danielle Chemtob, Forbes.com, 13 June 2025
The money then can be shared amongst Bitcoin wallets.
—Pioneer Press, Chicago Tribune, 11 June 2025
Presidential candidate Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024, in Nashville, Tennessee.
—Josh Hammer, MSNBC Newsweek, 11 June 2025
The two efforts have begun to overlap, with Trump Media recently announcing plans to raise funds to purchase Bitcoin.
—Mandy Taheri, MSNBC Newsweek, 31 May 2025
See All Example Sentences for Bitcoin
Cite this Entry
“Bitcoin.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Bitcoin. Accessed 18 Jun. 2025.
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