bitcoin

noun
UK /ˈbɪt.kɔɪn/
US /ˈbɪt.kɔɪn/

A kind of digital money that people send to each other over the internet.

He paid for the game with bitcoin instead of a credit card.


OTHER MEANINGS

2. A single unit of this digital money.

She bought two bitcoins last year.

3. The computer network and software system that records these digital payments.

The bitcoin network processes transactions without a bank.

4. The idea or technology of decentralized digital money in general.

Many people see bitcoin as the first successful digital cash system.