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Author Topic: Bitcoin vs bitcoin  (Read 135 times)
Floxynice (OP)
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June 21, 2024, 12:22:49 PM
 #1

I don't know if this topic already exists as I have searched and couldn't find any related topic. Just today I was watching a YouTube video and I stumbled this information that opened my eyes to the mistakes I've been making all along and from my observation, alot of members here have been making same mistake too by using the words Bitcoin and bitcoin interchangeably. These two words mean totally different things.

Bitcoin (beginning with a capital letter) is the network or the software itself that runs the system.

bitcoin (beginning with a small letter) or BTC on the other hand refers to the decentralized digital currency.

I believe this information will be useful to a lot of people, I am also open to corrections if I am wrong on this.
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June 21, 2024, 12:32:03 PM
 #2

Dollar or dollar, Pound or pound, Euro or Euro, Yuan or yuan. It's all the same, we know what it stands for.

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June 21, 2024, 01:09:05 PM
 #3

It was discussed already.

Bitcoin with capital "B" and bitcoins with lowercase "b"
  • Bitcoin: used to mention a blockchain (Bitcoin blockchain), the protocol (Bitcoin protocol), a payment method (Bitcoin as a chosen payment method).
  • bitcoin: used to mention about a cryptocurrency, bitcoin. It's your Bitcoin (private) keys, it's your bitcoin.

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tread93
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June 21, 2024, 08:18:49 PM
 #4

It was discussed already.

Bitcoin with capital "B" and bitcoins with lowercase "b"
  • Bitcoin: used to mention a blockchain (Bitcoin blockchain), the protocol (Bitcoin protocol), a payment method (Bitcoin as a chosen payment method).
  • bitcoin: used to mention about a cryptocurrency, bitcoin. It's your Bitcoin (private) keys, it's your bitcoin.

Still a nod that even the smallest details in this space are very important. If you aspire to be knowledgeable in this space it takes time and dedication & you have to constantly be learning and keeping up with the latest trends and events in the space. Its honestly sort of comparable to a never ending staircase heading all the way into the vastness of space!

Stalker22
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June 21, 2024, 08:26:29 PM
 #5

This is already explained in the vocabulary section of the bitcoin.org website:

Quote
Bitcoin - with capitalization, is used when describing the concept of Bitcoin, or the entire network itself. e.g. "I was learning about the Bitcoin protocol today."
bitcoin - without capitalization, is used to describe bitcoins as a unit of account. e.g. "I sent ten bitcoins today."; it is also often abbreviated BTC or XBT.
https://bitcoin.org/en/vocabulary#bitcoin

Also, as part of the factoids on this forum:

Quote
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.

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Liliana1304
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June 21, 2024, 09:45:59 PM
 #6

bitcoin is an offshoot of the word Bitcoin. You can't talk about the currency without relating it to the software or network. I don't really see how it can be confusing except you want to use it in a sentence or something but then again, it won't cause a glitch on the network if the letters are used interchangeably, right?  Grin..just kidding! Noted, by the way.
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June 21, 2024, 09:50:10 PM
 #7

Bitcoin (beginning with a capital letter) is the network or the software itself that runs the system.

bitcoin (beginning with a small letter) or BTC on the other hand refers to the decentralized digital currency.

I believe this information will be useful to a lot of people, I am also open to corrections if I am wrong on this.
This is what i knew since the very beginning i go here after reading and reading articles.
But despite such terminology are obviously explainable and distinguishable many people are keen to debate such things, due to confusion, etc.

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Maus0728
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June 21, 2024, 11:19:47 PM
 #8

You don't have to be strict about it in my opinion, I mean what if you use it on the first sentence but you're not talking about the network? I don't think that the added confusion is ever going to help you out in your situation because at the end of the day, you're probably still talking about bitcoin as a whole, and if you're talking about the network, why not just add the network after the word bitcoin and then your audience would know that you're talking about bitcoin network? How's that more confusing than capitalizing the letter "B" to denote the difference?

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HelliumZ
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June 21, 2024, 11:30:05 PM
 #9

Although the situation is different for both, nowadays we all use those two words in the same meaning to say Bitcoin. Bitcoin, beginning with the capital letter Bitcoin, is primarily used in blockchain technology. By bitcoin starting with small letter we basically mean our popular currency bitcoin. However, this is not commonly followed and bitcoin has been used interchangeably with both terms.

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June 22, 2024, 05:14:42 AM
 #10

Thanks for the insight, but I don't think it really makes a difference to Bitcoin users whether a word starts with a lowercase letter or a capital letter. Such differences may be of interest to academics but make no difference to ordinary users.

Most people are looking to invest in Bitcoin and are interested in the price falling or rising, as well as the falling or rising fees, but I think there are very few of them who are interested in knowing the difference between the word Bitcoin that begins with a capital letter and the one that begins with a lowercase letter.

Most important of all, in my opinion, is teaching people how to use Bitcoin wallets and how to keep their private keys secure.

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June 22, 2024, 07:21:58 AM
 #11

I think you are the only one who is giving a senseless meaning to that. I mean, no matter what the format is, whether it's Bitcoin or not, there is no difference. Yes, there is a difference when it comes to the capitalization of the letter, but to the essence or meaning, it's all the same. I don't know why people or users here are creating a topic that doesn't make any sense at all, but anyway, it is your opinion or topic, but for me, it doesn't have a different meaning. Bitcoin is bitcoin; it has the same meaning. If you are the only one giving a different meaning to it, at least you have shown evidence or a link that states what you are talking about. In that way, people will not contest or contradict your statement. You should keep that in mind in your future topics or comments.

Floxynice (OP)
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June 22, 2024, 10:40:49 AM
 #12

I think you are the only one who is giving a senseless meaning to that. I mean, no matter what the format is, whether it's Bitcoin or not, there is no difference. Yes, there is a difference when it comes to the capitalization of the letter, but to the essence or meaning, it's all the same. I don't know why people or users here are creating a topic that doesn't make any sense at all, but anyway, it is your opinion or topic, but for me, it doesn't have a different meaning. Bitcoin is bitcoin; it has the same meaning. If you are the only one giving a different meaning to it, at least you have shown evidence or a link that states what you are talking about. In that way, people will not contest or contradict your statement. You should keep that in mind in your future topics or comments.
Tell me, what is senseless about this post, is it the grammar formation or the entire post doesn't make sense or you are saying something that is not factual. The only thing about this post is that it has existed and yet, there are many people that have never read it that have read it now. I have also seen people that are thanking me for the insight so it is time to lock the thread so, what is senseless about it?

I have just gone through your post history and I have observed that majority of what you have to contribute is to attack people and downgrade their efforts in trying to make contributions in the forum. At my level as a newbie, I believe I am trying in making contributions in the forum and I wouldn't want any bad blood like you to talk less of my efforts. Go and sit yourself down.
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