Questions about example sentences with, and the definition and usage of "Bitcoin"

The meaning of "Bitcoin" in various phrases and sentences

Q: What does Bitcoin is my safe word. mean?
A: In BDSM, a safe word is something to indicate that you would like to stop. In this case, saying "Bitcoin" is that.
Q: What does Bitcoin is skiing downhill. mean?
A: I think not totally sure so don't quote me on it but I think it means that the bitcoin stock is going down hill or the stock is plummeting I hope I am right on that so I dont miss lead

Other questions about "Bitcoin"

Q: Bitcoin is getting more acceptable due to the institutional investor and hedge fund. Some companies have adopted it as a new treasury management system, and some public companies has even used it as the means of exchange. For example, in Aug 2020, business intelligence company MicroStrategy exchanged 425 million U.S. dollar cash reserve for Bitcoin. The management of the company believe, Bitcoin will yield more than cash in the future. Many companies are following suit, so that credit put on bitcoin as a hedge is increasing as well. On Feb 8, 2021, Tesla said it had invested 1.5 billion U.S. dollar in Bitcoin and would soon take it as a means of payment for buying its products. But there are also many people share the idea with Jack Dorsey, CEO of Twitter, that bitcoin will be the only currency in the world. As a kind of virtual currency with over 1 trillion U.S. dollar market value, Bitcoin is definitely not a gadget to be trifled with. Does this sound natural?
A: × Bitcoin is getting more acceptable due to the institutional investor and hedge fund.
Bitcoin is getting more acceptance due to institutional investors and hedge funds.

× Some companies have adopted it as a new treasury management system, and some public companies has even used it as the means of exchange.
✓ Some companies have adopted it as a new treasury management system, and some public companies have even used it as the means of exchange.

× For example, in Aug 2020, business intelligence company MicroStrategy exchanged 425 million U.S. dollar cash reserve for Bitcoin.
✓ For example, in August 2020, the business intelligence company MicroStrategy exchanged 425 million U.S. dollars for Bitcoin.

× The management of the company believe, Bitcoin will yield more than cash in the future.
✓ The company management believe that Bitcoin will yield more than cash in the future.

× Many companies are following suit, so that credit put on bitcoin as a hedge is increasing as well.
✓ Many companies are following suit so credit put on bitcoin as a hedge is also increasing.

× On Feb 8, 2021, Tesla said it had invested 1.5 billion U.S. dollar in Bitcoin and would soon take it as a means of payment for buying its products.
✓ On Feburary 8, 2021, Tesla said it had invested 1.5 billion U.S. dollars in Bitcoin and would soon take it as a means of payment for buying its products.

× But there are also many people share the idea with Jack Dorsey, CEO of Twitter, that bitcoin will be the only currency in the world.
✓ There are also many people share the idea with Jack Dorsey, CEO of Twitter, that bitcoin will be the only currency in the world.

× As a kind of virtual currency with over 1 trillion U.S. dollar market value, Bitcoin is definitely not a gadget to be trifled with.
✓ As a kind of virtual currency with over 1 trillion U.S. dollars of market value, Bitcoin is definitely not a gadget to be trifled with.

Q: Can you tell me what they are saying at 10:05?
I can't hear what they say after the "paying with Bitcoin" part.

https://youtu.be/Dmt4d0u7mBQ?t=605
A: “Which involved paying with bitcoin for space to transfer over files to LFE, so they can be viewed there. This eventually created multiple skeptic individuals and communities that started viewing Suki not just as someone that is potentially delusional, but perhaps as someone who is fairly intelligent and gifted at website design, that had malevolent intentions of creating his own community even at the cost of many lives.”
Q: Bitcoin is now over $4,000. When it was about $2,000, I opened my account for bitcoin. I thought it would be efficient for exchanging currency like yen to dollars. I had trouble with opening the account in Japan while I was in US, so I gave up using it. I learned later that exchanging cost was not cheap even if I use bitcoin. There was another reason I gave up using it. I read a blog criticizing the virtual currency. It explained that the virtual currency was not valuable enough to keep its worth. Technology of it was not so difficult and everyone can copy the business idea. The price was going up because people were gambling with it. If so, the price would go down drastically after the gamblers lost their interest on that investment. So I decided I would not participate in having bitcoin. One of my old friend introduce bitcoin n to me recently. I said strongly that we cannot invest on bitcoin, it is gamble. Of course I have some feelings of regret. My investment were more than double if I got bitcoin some months ago. Does this sound natural?
A:Bitcoin is now worth over $4,000. When it was worth about $2,000, I opened an account. I thought it would be efficient for exchanging currency, like yen to dollars. I had trouble with opening the account in Japan while I was in the U.S., so I gave up on using it. I later learned that exchange rate was not cheap, even if I used Bitcoin. There was also another reason I gave up using it. I read a blog that criticized the virtual currency. It explained that the currency was not valuable enough to keep its worth. The idea of the currency was not good as anyone could copy it. The price was also going up because people were gambling with it. If this happened, the price would go down drastically after the gamblers lost their interest on that investment. In the end, I decided I would not participate in Bitcoin. One of my old friends, however, re-introduced Bitcoin to me recently. I was strongly opposed to it, it is gamble. Of course now, I have some feelings of regret. My investment would have more than doubled if I got Bitcoin in the first place.

Here you go c:
Q: Bitcoin is now over $4,000. When it was about $2,000, I opened my account for bitcoin. I thought it would be efficient for exchanging currency like yen to dollars. I had trouble with opening the account in Japan while I was in US, so I gave up using it. I learned later that exchanging cost was not cheap even if I use bitcoin. There was another reason I gave up using it. I read a blog criticizing the virtual currency. It explained that the virtual currency was not valuable enough to keep its worth. Technology of it was not so difficult and everyone can copy the business idea. The price was going up because people were gambling with it. If so, the price would go down drastically after the gamblers lost their interest on that investment. So I decided I would not participate in having bitcoin. One of my old friend introduce bitcoin n to me recently. I said strongly that we cannot invest on bitcoin, it is gamble. Of course I have some feelings of regret. My investment were more than double if I got bitcoin some months ago. Does this sound natural?
A: PS: watch "banking on bitcoin" on Netflix
Q: Bitcoin is a virtual currency frequently used for selling and buying on the Internet and its value over the real currency such as dollar or yen is getting higher lately.
Does this sound natural?
A: You need commas and shorter sentences. Avoid extra long sentences and use commas for pauses. A native English speaker would only take a breath at "and" and "or" conjuctions...

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