RE: A beginners guide to crypto: Part 1. What is cryptocurrency?

[niallon11]

This is about the use of the lower and upper case to distinguish between Bitcoin as an electronic payment technology and bitcoin as a cryptocurrency.

Sorry now but I don't know what you are trying to say with this piece. Could you explain it a bit more?

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[rzc24-nftbbg]

I mean the section when you defined Bitcoin/bitcoin. I hope this quote from CoinGecko's "How to Bitcoin" (pp. 4-5) captures what I am trying to say:

Bitcoin is a payment protocol and a cryptocurrency itself. This protocol is a payment network that allows for transactions to be routed without relying on any third parties. It is powered by a new technology known as the blockchain. Bitcoin is also known as a cryptocurrency, a type of virtual currency, because transactions are secured using cryptography.

For the purposes of this book, we will be representing ‘Bitcoin’ with a capitalized ‘B’ whenever we refer to the Bitcoin protocol and ‘bitcoin’ with a lowercase ‘b’ when we refer to the bitcoin cryptocurrency.

[niallon11]

Ok, that helps a lot to clear up your point.

I'll take that on board going forward if it is an industry standard for discussing Bitcoin. Or the token bitcoin itself.

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