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Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
Fuck you i just wrote an entire essay on bitcoin
Bitcoin
When you flex your bitcoin too hard on some poor person, you become a bitcoin bitch
"This dude called me a bitcoin bitch cause I was flexing to hard on him"
A 27 trillion Yen fund created by the Satoshi Nakamoto Group in October 2013. The Bitcoin Support Project was established in order to bring Bitcoin's value back up every time it has a major crash or investors lose interest in the market. The project ensures Bitcoin and other cryptocurrencies dethrone central banks and give power back to the people. Analysts estimate the fund grows by a whopping 170% annually due to the "pump and dump" effect it has on the market. This improves the market influence potential for the next pump. Each time the fund has been used, the sudden surge in market value usually results in massive media coverage, attracting new investors and improving liquidity. An agreement was established for the fund to be discontinued once central banks cease operation due to fiat currencies becoming redundant.
Jerry: "Look, the Bitcoin Bubble's Burst."
Anna: "Nah, now's the perfect time to invest! The Bitcoin Support Project will bring it back, probably tenfold!"
When an organization, such as a government, reacts to crypto currency or blockchain developments in ways that make it apparent they don't understand how it works.
Used like "pearls before swine" or "coals for newcastle".
Bro, did you hear that they want to "outlaw private keys" in Florida?
Hah. Just so much Burmese bulldozers for bitcoin.
When Bitcoin becomes not only the currency of choice among math educators and homeschoolers worldwide when ordering math books from the “fine” city online, but is also popular among an increasing number of local math authors who prefer their royalty to be paid in crypto.
The bitcoinization of Singapore math has propelled the city-state to lead the way in blockchain technology and math education, much to the envy of math educators around the globe.
When crypto scammers promise gullible folks that for a nominal fee they would help them trade the bitcoin they send to them, by generating at least three times the amount within 24 or 48 hours.
Countless sites boldly advertise their “Pi Your Bitcoin” trading strategy, by putting the word “legit” to make people believe it’s not a scam.
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A cool guy that treats women with respect and is heavily invested in Bitcoin.
That guy acts like a Bitcoin Pimp. He’s such a gigachad