Some of us are hoping that Bitcoin will be accepted by the public and be used in the future like an ordinary currency.
However, I noticed that the word "Bitcoin" itself is not yet in the Merriam Websters dictionary. (please correct me if i'm wrong)
So I searched how can a word be added in the Merriam-Websters dictionary and here's the answer
To decide which words to include in the dictionary and to determine what they mean, Merriam-Webster editors study the language as it's used. They carefully monitor which words people use most often and how they use them.
Each day most Merriam-Webster editors devote an hour or two to reading a cross section of published material, including books, newspapers, magazines, and electronic publications; in our office this activity is called "reading and marking." The editors scour the texts in search of new words, new usages of existing words, variant spellings, and inflected forms–in short, anything that might help in deciding if a word belongs in the dictionary, understanding what it means, and determining typical usage. Any word of interest is marked, along with surrounding context that offers insight into its form and use.
reference:
Merriam-Websters Dictionary FAQsLooks like we still have a long way to go before Bitcoin will be accepted