Bitcoin proper noun

nouncryptocurrencies

• A digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.

  ‘decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation’

  • ‘as bitcoin gains ground, more companies have started accepting the cryptocurrency’
  • ‘States will undoubtedly resist the spread of cryptocurrencies.’
  • ‘Bitcoin was the first widely used cryptocurrency, but few people know it is not the only one.’
  • ‘What does your cryptocurrency allow people to do that they could not do otherwise, and how does it help them do existing tasks more quickly or cheaply?’
  • ‘A group of online entrepreneurs were planning to launch the new cryptocurrency on Thursday.’
  • ‘Against all wisdom, I had invested $1,000 in bitcoin, the cryptocurrency whose value had been skyrocketing since the start of the year.’
  • ‘Most successful cryptocurrencies have an active community where people devote time with no expectation of payment.’
  • ‘If cryptocurrencies are like other speculative activities, the early players and the big players benefit to the detriment of the late entrants and the small players.’
  • ‘As with all cryptocurrencies, price is based on supply and demand.’
  • ‘Even with recent fluctuations, the total value of the cryptocurrency is still over eight billion USD.’
  • ‘The majority of cryptocurrency activity still appears to be speculative.’
  • ‘A cryptocurrency may be hackable, but it can also be really, really, really hard to hack—harder than robbing a bank.’

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