Definition of «bitcoin users»

The term "Bitcoin Users" refers to individuals who use or own Bitcoins, a decentralized digital currency that allows peer-to-peer transactions without the need for intermediaries such as banks. These users can be anyone from casual investors and traders to merchants and consumers who accept bitcoin as payment for goods and services. The number of Bitcoin Users has been growing steadily since its inception in 2009, with an estimated 35 million active wallets worldwide as of 2019.

Sentences with «bitcoin users»

  • Sure, most of the millions of bitcoin users who buy cryptocurrency do so through popular exchange platforms. (ibtimes.com)
  • Also, most people can only access the Internet through their phones, which are, therefore, convenient to use for bitcoin users in remote areas. (bitcoinafrica.io)
  • Most customers, beginner bitcoin users in particular, often struggle to find an applications or platform reliable and practical for sending payments across the globe. (coinfox.info)
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