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Author Topic: Sunday off-topic - If not "bitcoin", then what?  (Read 198 times)
GreatArkansas
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May 22, 2023, 12:39:22 AM
 #21

Bitcoin is only a name. The name does not make sense but the technology behinds Bitcoin, Blockchain technology is very important.
The name does make sense, since Bitcoin is a digital currency, naming it Bitcoins matches its nature. Aside from the explanation given by @Mate2237, we all know "bit" is a term that has something to do with computing, and Bitcoin is produced by computing or solving blocks if I am not mistaken.  The name Bitcoin is not something that came out accidentally.  Satoshi has the reason why Bitcoin is named Bitcoin.
Make sense, and I think even if not Bitcoin is the name of Bitcoin right now, people will still consider it a good name or people will still accept it, for example, "ByteCoin", "BlockCoin", "ChainCoin", etc.
It will really not matter at all for sure. People just became used to being the name "Bitcoin" right now.
I'm sure that besides Bitcoin, there are still a lot of candidate names from Satoshi to be the name of Bitcoin instead.

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Aanuoluwatofunmi
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May 22, 2023, 12:38:52 PM
 #22

OP let's not make something unnecessary an hectic task for us to do, bitcoin was given by Satoshi to the invention of the digital currency he made, just as anyone of us can decides to make use of any name as we so desire to give our invention, but base on what we've heard other's saying, the coinage from the word bitcoin comes from the combination of two words, "bit" which means anything that is very little or small in terms of size or quantity while "coin" is a value of a monetary system, this is what we believe about it but there could be other contrary opinions on that.

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PawGo (OP)
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May 23, 2023, 08:07:44 AM
 #23

a bitcheque is more semantically correct description
(...)


I like your reply very much, thanks! I agree that check seems to be more valid word, taking into account how things work. But when you think about a check in real world, it is kind of promise, which must be validated, while coin is something what you have "right now". I assume the "coin" just creates a better impression.
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