What’s Bitcoin?

bitcoin – bit·coin

[ˈbitˌkoin]

noun1. The first decentralised peer to peer payment network that is powered by its users with no central authority.

2. A form of digital currency, created and held electronically, that can be transmitted to anyone who has a digital wallet on the bitcoin network.

“John, I think i’ll Hodl my bitcoin. I purchased for .09cents in 2009, they were 19,000 yesterday, and I just know they are going higher. By the way, can you give me a loan, I am broke?”

Last Updated On March 05, 2018
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