A crypto-currency allowing for anonymous transactions and using a decentralized architecture. Go Nanotube!
by cusipzzz January 06, 2011
A currency, typically used among the Gods, used not to pay for anything, but to flaunt your wealthful status.
by Cryptolad February 15, 2018
Bitcoin is a faith based titanium coin that is limited in amount by internal characteristics enforced by the laws of mathematics, thermodynamics and the creed of Nakamoto.
Given its rapid rise, growing acceptance and internal characteristics, Bitcoin has managed to terrify governments, atheists and the religious all at once.
by A7Z July 30, 2014
Something people won't stop talking about
the bitcoin buyer walks into a room the first thing he does is yell as loud as he/she/it can and says
bitcoin buyer: I HAVE INVESTED IN BITCOINS
bitcoin buyer: I HAVE INVESTED IN BITCOINS
by nhu1k January 16, 2018
by BingoBongoBoi January 10, 2021
An electronic currency, which consists of cryptographic proofs-of-work, that can literally, verifiably, and securely transferred the over the internet from a buyer's bitcoin client (app, software) to a seller's without the aid of a mutually trusted third party (e.g., paypal or credit card bank, who traditionally collects a fee for this trust).
Western Union will charge you almost 5% to transfer $20,000 to India. They won't even let you do it in a single transfer since it is too big, and they'll hit you with an unfavorable exchange rate. Why don't you just send your vendor some bitcoin?
by nicky_steves April 13, 2013
The cryptocurrency of choice among criminals, extortionists, fraudsters, hackers, kidnappers, terrorists, and Ponzi schemers, who have 100% faith in the blockchain technology to avoid getting caught for their crimes.
Guesstimate what percentage of rogue political leaders’, corrupt businesspersons’, and Russian oligarchs’ stolen billions or trillions have been converted into bitcoins to cover up their obscene wealth.
by Fasters April 02, 2022