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Author Topic: Satoshi in Oxford English Dictionary  (Read 536 times)
DoublerHunter
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October 15, 2019, 04:18:38 PM
 #21

~snip~
If you want to refer to the coin, which is the case here. Oh and notice how the dictionary entry correctly used small capitalization: "a satoshi", NOT a Satoshi.
^ Definitely right, OP got mislead on his thread title because the article talking about the smallest monetary unit in the Bitcoin and that "satoshi". Not a person but a tiny amount of Bitcoin. But it seems good news because we are now become the mainstream. Cryptocurrencies are now well knowing even in English dictionary. I smell something good near in the future when it comes to popularity will continuing spreading even in books and articles on websites.
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October 15, 2019, 04:41:39 PM
 #22

Well, that is a good development for bitcoin and cryptocurrency community in general. It's good to see the Oxford dictionary is getting updated with new cryptocurrency terminologies which will also help people know more about and cryptocurrency. this is another step forward toward achieving mass adoption.   
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October 15, 2019, 04:45:49 PM
 #23

Based on the increased search only words will be added to the dictionary. Before a word gets added it'll be reviewed and further gets added. Here the explanation for the term perfectly matches with the meaning. Whether this will gain popularity, no and getting added to the Oxford English Dictionary itself a big recognition.

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October 15, 2019, 04:46:24 PM
 #24

Popularity increaaing because Satoshi and Bitcoin are words defined in a dictionary? I guess the answer for that would be no since they are just defining a word and it doesn't really do anything besides that. What I appreciate though is something like Oxford has given recognition not only to the words Bitcoin and cryptocurrency but also the denomination for Bitcoin which for us is a delightful thing to see. But if we expect that the prices will go up because of rhis then think again this won't have any effect for the demand for BTC.
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October 15, 2019, 04:55:07 PM
 #25

FINALLY! I have been waiting for this addition for ages. Now I can pride myself that "Satoshi" is a real sophisticated word haha
Now on a more serious note it is great to see that "Satoshi" it's becoming a real term recognised by a famous entity like Oxford. The question is now "in how much time are we going to make use of the newly added term on a daily basis?"

Time will tell us the answer, no doubt about that, but you can do your part to spread awareness about Bitcoin! Tell your inner circle about Bitcoin or organise meet-ups or make an app that introduces people to cryptocurrency. There are endless way to help the adoption of Bitcoin. You just need some will.
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October 15, 2019, 05:04:43 PM
 #26

First was bitcoin
Second was cryptocurreny

Now they listed "satoshi" and defined it as:
a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

I'm not sure if there would be any impact on bitcoin's popularity but it's good that the word has been acknowledged although I think it's a bit late.

What word will be next?

Related news: https://cointelegraph.com/news/oxford-english-dictionary-adds-satoshi-bitcoins-smallest-unit





By the way, a question was posted here before How long until "satoshis'" make in into the (oxford) dictionary?, we know the answer now  Grin

Dictionaries are one of the most used things by people. The listing of "satoshi" word in Oxford English Dictionary will definitely help Bitcoin's popularity increase too I think. There will be more people to learn about Bitcoin.

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Genemind
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October 15, 2019, 05:45:27 PM
 #27

It's just an indication that people are starting to recognize and appreciate the importance of cryptocurrency that they're including the terms being used in the blockchain technology. I'm sure that there will be more crypto words to be added in the future which would be helpful especially for crypto beginners.
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October 15, 2019, 05:50:44 PM
 #28

First was bitcoin
Second was cryptocurreny

Now they listed "satoshi" and defined it as:
a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

I'm not sure if there would be any impact on bitcoin's popularity but it's good that the word has been acknowledged although I think it's a bit late.

What word will be next?

Related news: https://cointelegraph.com/news/oxford-english-dictionary-adds-satoshi-bitcoins-smallest-unit





By the way, a question was posted here before How long until "satoshis'" make in into the (oxford) dictionary?, we know the answer now  Grin

It is unlikely that the appearance of the word in the dictionary will be able to popularize Bitcoin. Do you often look for new words in the dictionary to find yourself a new hobby? I think no. However, we can conclude that Bitcoin is gaining approval and respect.
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October 15, 2019, 06:37:51 PM
 #29

Great news for Bitcoin. The addition of terms related to crypto and Bitcoins means that the crypto sphere has acquired sufficient importance for large institutions and influential people
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October 15, 2019, 06:55:26 PM
 #30

First was bitcoin
Second was cryptocurreny

Now they listed "satoshi" and defined it as:
a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

I'm not sure if there would be any impact on bitcoin's popularity but it's good that the word has been acknowledged although I think it's a bit late.

I can't imagine it'll have any real impact. People don't look to dictionaries for deciding which investments to make.

It's a cool acknowledgement, though, and really shows how far we've come in terms of going mainstream. It's also a small victory for those hoping to see bitcoins become a legitimate unit of account.

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October 15, 2019, 07:19:09 PM
 #31

nice , the dictionary keeps the entries forever , unlike the online version Oxford's Online Dictionary
the latter has already included all of the words like bitcoin , cryptocurrency plus blockchain and miner :

https://www.lexico.com/en/definition/blockchain for example

p.s. if you are interested in how Oxford's dictionary was created, watch The Professor and the Madman movie



Yes, the manuscript is much more valuable than the online version of the dictionary. This is a great honor for Bitcoin.

Thanks for the tip, I have not seen this movie
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October 15, 2019, 07:31:12 PM
 #32

Of course it’s a welcoming sign, we would likely see more text book to include Satoshi and bitcoin into their syllabus, and school system would have no reason to question the reputation, and everything look positive.

Self hating nerd that want to escape from reality into the cyberpunk.
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October 16, 2019, 03:10:02 AM
 #33

It's nice, our children will have to get use to it at school, and this may provoke their thought and that of their teachers to want to learn about what is Satoshi and by doing so, they will find bitcoin. I hope I get a hard-copy of the Oxford edition.

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October 16, 2019, 03:47:50 AM
 #34

It's nice, our children will have to get use to it at school, and this may provoke their thought and that of their teachers to want to learn about what is Satoshi and by doing so, they will find bitcoin. I hope I get a hard-copy of the Oxford edition.

How old are you, by the way? If by children you mean your future children, I guess they will encounter Bitcoin first before Satoshi. And for sure they will first bump into the word outside the dictionary. Most probably they won't even need the dictionary to know what Bitcoin or Satoshi is. The unborn and little children of today will certainly meet Bitcoin first not in the dictionary but in the outside world, and as a money, in their favorite ice cream shop, in the arcade, and so on. This Oxford English Dictionary listing will just be a piece of history for them.

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October 16, 2019, 04:03:30 AM
 #35

It is nice to add this word, I don't know if wrong terms like HODLING have been added, but it seems possible especially after the inclusion of cryptocurrency.

i don't think terms such as "Hodling" could even be added to a "dictionary" since these words are more like slang rather than actual words that would be used. and dictionaries don't have slang in them as far as i know.

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October 16, 2019, 04:05:01 AM
 #36

at least now we will have references for those who's asking about crypto related question specially about bitcoin.
now we can just let them search themselves for what is satoshi to connect into bitcoin.i dont know why it took this long before finally oxford decided to add Satoshi as a word.
Of course it’s a welcoming sign, we would likely see more text book to include Satoshi and bitcoin into their syllabus, and school system would have no reason to question the reputation, and everything look positive.
sooner mate because i heard that there are universities now that has blockchain subjects so it wont take long befoer bitcoin and cryptocurrencies will be tackled as well because it differs on that topic

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October 16, 2019, 04:34:29 AM
 #37

First was bitcoin
Second was cryptocurrency

Now they listed "satoshi" and defined it as:
a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

I'm not sure if there would be any impact on bitcoin's popularity but it's good that the word has been acknowledged although I think it's a bit late. What word will be next?




There is no visible and measurable impact at all especially with the current market. This can be a very good conversational piece but I don't think people are really that very interested with new words that make it to the Oxford dictionary but this is still good news to Bitcoin and Satoshi Nakamoto. Finally, the word 'satoshi" is an official word of the English language and this is actually worth some digital celebration. Now, I am adding "satoshi" to my hoard of personal dictionary in my LanguageToolPlus app. Yes, the recognition can be too late but is still better than never at all. I am not sure if HODL is already in the Oxford dictionary but in light of the popularity of Bitcoin it should be.

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October 16, 2019, 04:53:22 AM
 #38

I don't know exactly who Satoshi Nakamoto is or where he is from or even if he is alive but I think this is a huge accomplishment to get his name published in an actual dictionary, it's sort of the same magnitude as a nobel price pretty much.

Sure the money he has made is great but in decades time his name will still be in the dictionaries while other
Millionaire fortunes might be forgotten.

Wonder what criteria they use to list these words? Is it based on some search terms? Because pretty soon we might see the words Hodl or MtGox in the dictionary.

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October 16, 2019, 04:55:58 AM
 #39

First was bitcoin
Second was cryptocurreny

Now they listed "satoshi" and defined it as:
a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

I'm not sure if there would be any impact on bitcoin's popularity but it's good that the word has been acknowledged although I think it's a bit late.

What word will be next?

Related news: https://cointelegraph.com/news/oxford-english-dictionary-adds-satoshi-bitcoins-smallest-unit





By the way, a question was posted here before How long until "satoshis'" make in into the (oxford) dictionary?, we know the answer now  Grin
if word such as "totes", "twerk", "Po-po" etc.. has been added to dictionary then it was only a matter of time before they put bitcoin in dictionary which is more than deserving than the three.

also it is not too late, bitcoin is still young and we may think it is popular but it is only in our community. bitcoin being put in dictionary will help it's popularity. the effect may not be immediate but
it will have an effect in the long run

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October 16, 2019, 05:20:24 AM
 #40

Having it listed is not enough. They need to hear it often to trigger their curiosity to research more about bitcoin's background, satoshi and Satoshi Nakamoto, and evetually the whole crypto-space terms and ideology. But still, it's good to see that even them recognizes its existence and not just having bitcoin in their dictionaries. Soon, when popularity increases, traditional fiat money would decrease usage, and people would start looking to digital ways of payment, then comes the time more articles and online resources would enlist cryptocurrency-related terminologies.



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