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What does 'btc' mean in text slang?

avatarLundgren JacobsenDec 17, 2021 · 3 years ago3 answers

I've seen the term 'btc' used in text conversations, but I'm not sure what it means. Can someone explain what 'btc' stands for in text slang?

What does 'btc' mean in text slang?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    In text slang, 'btc' stands for Bitcoin, which is the first and most well-known cryptocurrency. Bitcoin was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It is a decentralized digital currency that can be sent from one user to another on the peer-to-peer Bitcoin network without the need for intermediaries like banks. Bitcoin has gained significant popularity and is often referred to as 'digital gold' due to its limited supply and store of value properties.
  • avatarDec 17, 2021 · 3 years ago
    When people use 'btc' in text conversations, they are usually referring to Bitcoin. It's a way to talk about Bitcoin in a shorter and more informal way. Bitcoin has become a popular investment and payment method, and its abbreviation 'btc' has become widely recognized in the cryptocurrency community.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, 'btc' is an abbreviation for Bitcoin. Bitcoin is the first and most well-known cryptocurrency, and it has a significant impact on the entire cryptocurrency market. Many people use 'btc' as a shorthand for Bitcoin in text conversations, especially in the cryptocurrency community.