The word "Bitcoin" is added to the Oxford English Dictionary

On August 29, 2013 the word "Bitcoin" was added to the Oxford English Dictionary (OED). The OED, which is widely regarded as the authoritative record of the English language, defines “Bitcoin” as:

"A type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank."