Definitions

1. noun

A digital or virtual currency that uses cryptography for security and is decentralized in nature, allowing for peer-to-peer transactions without the need for a central authority.

“The value of bitcoin fluctuated rapidly in the market.”

2. verb

To use or transact with bitcoin as a form of payment.

“You can bitcoin to purchase goods online.”

3. adjective

Related to or using bitcoin or the blockchain technology.

“Bitcoin-based applications are becoming increasingly popular.”