Cryptocurrency blockchain and ICO making their merriam-webster dictionary debut the real question is guys when will they add bit connect. Anyone needing an established definition for cryptocurrency blockchain or ICO now has a trusted source the merriam-webster dictionary on March 5th 2018 merriam-webster announced the addition of 850 new words phrases and new meanings for existing words to merriam-webster calm and to the Merriam Webster's Collegiate Dictionary print edition
Interestingly for cryptocurrency enthusiasts out of all the 850 new words and phrases such as a dumpster fire glamping wealth and life hack the Bitcoin logo took center stage on both Merriam Webster's main tweet and its web site announcement about the new dictionary and entries seems like Bitcoin and Bitcoin is more important and then dumpster fire or glamping I don't even know what glamping is please let me know in the comments section what the hell is glamping I'm just not down with these these words guys the website also features the statement just above the words cryptocurrency is now in the dictionary
The Bitcoin logo quote the language doesn't take a vacation and neither does the dictionary the words we use are constantly changing in big ways and small and we're here to record those changes each word has taken its own path in its own time to become part of our language to be used frequently enough by some in order to be placed in a reference for all if you're likely to encounter a word in the wild whether in the news a restaurant menu a tech update or a Twitter meme that word in the dictionary I guess if it's only if it's widely used I guess
Emily Brewster associate editor at merriam-webster stated in order for a word to be added to the dictionary it must have widespread there you go sustained and meaningful use these new words have been added to the dictionary because they've become established members of the English language and our Terms people are likely to encounter that's good that's good so if if Bitcoin blockchain ico cryptocurrency are words that people are unlikely to encounter that to me guys is a good sign of the times I want you know I wonder how they measure that though how do they how do they collect that data to know whether this is of enough common usage to be added with enough sustainability well Bitcoin has been around for a while that's true I guess it kind of makes sense because bitcoins already in the dictionary these new words have been added to the dictionary because they've become established members of the English language and our Terms people aren't likely to encounter in addition to the merriam-webster dictionary of the words cryptocurrency blockchain and ICO seem to fit those criteria very well
They have the definitions here cryptocurrency is defined as any form of currency that exists digitally that usually has no central issuing or regulating Authority but instead used a decentralized system to record transactions and manage the issuance of new units and that relies on cryptography to prevent counterfeiting and a fraudulent transactions force known use 1990 not bad blockchain is defined as a digital database containing information such as records of financial transactions that can be simultaneously used and shares shared within a large decentralized publicly accessible network also the technology used to create a database first known use 2011
ICO is defined as an initial scam offering or just kidding initial coin offering of a cryptocurrency to the public mean there's no coin offering first known use 2014 Bitcoin was added to the dictionary April of 2016 the dictionary editors added two other words that describe how money is organized and distributed microcredit in microfinance though it's been around for a while other new entries included existing words with additional new meanings such as the venture capital term unicorn now uses figure delete to mean a start-up value at 1 billion dollars the psyche psychophysical word a bandwidth now and used figuratively to mean emotional or mental capacity and the web-centric words case sensitive and subtweet
There were some tongue-in-cheek comments on the Twitter announcement including a Gen Z hijacking language and grammar while the adults still think they are in control of the narrative that's you okay the dam of all you seek to corrupt the invaluable in in a voluble institution of tongue to their devices and didn't we add covfefe
Merriam-webster has not yet published released a full list of the new words and phrases though halal is not included in the current update well guys let me know what is Kofi fate in glamping that's all I really want to know guys but this is good news Bitcoin blockchain cryptocurrency icos and more terms and vernacular from the cryptocurrency world are getting added to the dictionary this only means guys that we are slowly slowly but surely gaining traction for mass adoption but yes let me know what khofifah and going what the hell is glamping that's what I really want to kid that's what I really want to know about guys and smash the lizardy like button for glamping he's climbing a good thing I don't know if I used it properly I don't even know what that means glamping