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Author Topic: 2013-08-28 Daily Mail: 'Bitcoin' in the Oxford English Dictionary  (Read 8682 times)
dancupid (OP)
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August 28, 2013, 03:39:00 AM
Last edit: August 28, 2013, 02:15:20 PM by dancupid
 #1

"Smile! Selfie is in the dictionary: Word among new entries including 'bitcoin', 'twerking' and 'phablet'"

http://www.dailymail.co.uk/news/article-2403509/Smile-Selfie-dictionary-Word-new-entries-including-bitcoin-twerking-phablet.html

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Le Happy Merchant
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August 28, 2013, 08:34:29 AM
 #2

A good birthday article.

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August 28, 2013, 11:09:25 AM
Last edit: August 28, 2013, 05:41:52 PM by elux
 #3

http://oxforddictionaries.com/definition/english/bitcoin?q=bitcoin

Quote
Definition of bitcoin in English

bitcoin
New words: August 2013

Pronunciation: /ˈbɪtkɔɪn/
noun
[mass noun]


a digital currency in which transactions can be performed without the need for a central bank:
      bitcoin has become a hot commodity among speculators
[count noun] a unit of bitcoin:
      bitcoins can be used for online transactions between individuals

Origin:
early 21st century: from bit⁴ + coin

bitcoin in other Oxford dictionaries:
Definition of bitcoin in the US English dictionary
inge
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August 28, 2013, 11:54:57 AM
 #4

  Smiley Smiley Smiley
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August 28, 2013, 12:19:30 PM
 #5

A good birthday article.
Happy Birthday

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August 28, 2013, 04:06:56 PM
 #6

A true milestone. anyone thing we'll see litecoin get added too? LOL.

http://oxforddictionaries.com/definition/english/bitcoin?q=bitcoin

Quote
Origin:
early 21st century: from bit4 + coin


What's a "bit4?"

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August 28, 2013, 04:14:31 PM
 #7

A true milestone. anyone thing we'll see litecoin get added too? LOL.

http://oxforddictionaries.com/definition/english/bitcoin?q=bitcoin

Quote
Origin:
early 21st century: from bit4 + coin


What's a "bit4?"
I dunno  Huh
But I think it is incorrect. The derivation is clearly bit (as in a unit used in computer processing) and coin (as in a currency).

EDIT: I guess it is for all you 4 bit computer users.
http://en.wikipedia.org/wiki/4-bit

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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August 28, 2013, 05:53:29 PM
Last edit: August 29, 2013, 11:05:53 AM by elux
 #8

Ahh, so "bit" is not a word, but four different words with different entries. Wink

The fourth entry for "bit" is for the contraction of binary digit.

Consider: Would you like a bit of cake? Charlie bit me. The drill bit is coated with diamond. A stream of bits.

http://oxforddictionaries.com/definition/english/bit
http://oxforddictionaries.com/definition/english/bit--2
http://oxforddictionaries.com/definition/english/bit--3
http://oxforddictionaries.com/definition/english/bit--4

I should have taken care to superscript and link the "4". Fixed now.
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August 28, 2013, 06:48:36 PM
 #9

What fun news.  I actually came in to post this myself Smiley

There is another article that doesn't give much info but..

It’s official. Brits are falling out of love with cash, with more than 77% in a new survey thinking that certain coins will have been discontinued within 10 years and 76% anticipating the end of the cheque book.

The news comes as the word “Bitcoin”, the digital currency, is included in the Oxford English Dictionary.

The aforementioned survey of 5,176 people by Loudhouse for WorldPay also found that nearly two-thirds of Brits believe that they will regularly make purchases via their mobile handset or other card payment methods.

Nearly half believe they will be using fingerprint recognition systems to authorise the payment of their household grocery shop.

Another 39% predict that facial recognition or iris-scanning technology will be a feature in a decade, and 32% believe that they will be able to speak to pay.


http://www.londonlovesbusiness.com/business-news/business/brits-say-end-of-coins-is-nigh-as-bitcoin-added-to-dictionary/6196.article

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