BITC Coins Abbreviation

Bitcoin

A significant digital currency, divided into 100 million units called satoshis, created by the pseudonymous developer Satoshi Nakamoto, first described by the creator(s) in 2008, broadly as an anonymous, peer-to-peer, electronic payments system. The Bitcoin currency is increasingly traded and as treated as seriously as conventional fiat (national or state-issued) currencies by the world's major financial merchants and institutions.