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Bitcoin

A digital asset that has gained currency in decentralized Ponzi schemes, which makes it virtually impossible to catch the bad actors (criminals, hackers, money launderers, drug & human traffickers, …); it also serves as safe virtual money to protect the wealth of those who live in developing countries beset with hyperinflation.
Once dubbed an “index of money laundering,” bitcoin is often confused with blockchain, which is a system of recording information that is almost impossible to change or forge.
by Numerati June 28, 2024
mugGet the Bitcoinmug.

Bitcoin

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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
by Cryxal_Rxses October 20, 2022
mugGet the Bitcoinmug.

Bitcoin

A word used by broke people so sound rich in front of their investor friends
Nah but I own bitcoin
by 0xBunzy November 29, 2022
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What is Bitcoin mining?

Bitcoin mining involves validating transactions on the Bitcoin network and adding them to the

blockchain. Miners use computational power to solve complex mathematical problems, earning

Bitcoin as a reward for their efforts. mybitminer.com
by a legitimate pharmacy? May 27, 2025
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Bitcoin

A NOT-SO-“Wise” “investment
Bitcoin is, well bitcoin
by jezzabellheights_ August 22, 2022
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The Bitcoinization of Singapore Math

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.
by Numerati March 21, 2024
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bitcoin

online money that people are for some reason so crazy to give their whole life savings to, just for it to fall for 2 cents and for them to lose it all

(not affiliated with urban dictionary. this isn't a coin made or maintained by them)
"OH MY GOD I JUST LOST 48 CENTS FROM BITCOIN!!!"
-some crazy investor, 2025, colorized
by boeing747800 April 15, 2025
mugGet the bitcoinmug.

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