a type of digital currency that uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system: stores and online businesses that accept Bitcoin.
a single unit of this currency: the current value of a bitcoin.
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Last year, the country was only second to Nigeria in bitcoin trading in Africa.
The bitcoin network has a decentralized architecture that puts it beyond the reach of any government.
When the news of the purchase became public on Monday, the value of the world's bitcoin rose by about $90 billion while the value of Tesla rose by about $8 billion.
The move is a major sign of support for bitcoin and could encourage other major companies to follow suit in accepting the world’s most popular cryptocurrency.
A growing number of mainstream organizations have chosen to add bitcoin to their investment portfolios, pushing up the currency's value.
Bitcoin began 2013 with a roaring price of $770 per unit, and businesses right and left were converting to the ethereal product.
Certainly the bitcoin community continues to treat Karpeles as a pariah.
The bitcoin community and press have vilified Mark Karpeles, the CEO of Mt. Gox, as a clown and a con man.
Those who are enthusiastic about bitcoin should be more careful about making sure they avoid harm.
It all started in 2010, when a French client asked me, “Could I pay in bitcoin?”