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bit·coin
/ˈbitˌkoin/
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nounTRADEMARK IN UK
noun: bitcoin; plural noun: bitcoins
a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.
"Bitcoin has become a hot commodity among speculators"
a unit of bitcoin.
"bitcoins can be used for online transactions between individuals"
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