Bitcoin = payment system / protocol
(I told my friend that Bitcoin is a very cool payment system.)
bitcoin = currency
(I recieved 1 bitcoin from a friend.)
There. Now that that is out of the way: onto more important things!
This should be pinned to the top of made more visible some how
These are examples of nouns (a noun is a person, place or thing). Typically, common nouns are not capitalized while
proper nouns are. Proper nouns name
specific people, places, or things.
So if you talk about a bitcoin as a unit of currency then it should not be capitalized. If you talk about the specific Bitcoin Network that presently exists as the web of nodes, miners and a repository of source code, then it should be capitalized.
But what if you just talk about "bitcoin" in a vague way? Such as, "hey, have you heard about bitcoin?" Or, "with bitcoin, you can securely store funds or instantly send them around the world." In my opinion, it should
not be capitalized in these cases due its decentralized nature.