Synonyms for

Bitcoins

Verb / ˈbɪˈtkɔɪnz / Another word for bitcoins — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Bitcoins are a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

Synonyms & similar words

cryptocurrency crypto altcoin token coin cryptoasset e-currency e-money

Synonyms by register

Formal

digital currency cryptocurrency virtual currency decentralized currency

Informal

crypto digital gold internet money

Antonyms

fiat currency government-backed money legal tender traditional currency state-issued currency

Common collocations

  • buy bitcoins
  • sell bitcoins
  • mine bitcoins
  • bitcoin exchange
  • bitcoin wallet
  • bitcoin price
  • bitcoin network
  • bitcoin transaction

Word family

noun bitcoin

Usage note

Bitcoin is a specific type of cryptocurrency, not a general term for all digital currencies. It is often used in discussions about finance, technology, and investment.

Example sentences

  1. I bought some bitcoins as an investment.
  2. He transferred his bitcoins to his friend's wallet.
  3. She mined bitcoins using her computer.
  4. The value of bitcoins has been fluctuating a lot lately.
  5. He lost his bitcoins after his computer was hacked.

Quotes

  • “Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value” - Eric Schmidt
  • “Bitcoin is a technological tour de force” - Bill Gates
  • “I think Bitcoin is the first [encrypted money] that has the potential to do something like change the world” - Peter Thiel

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