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Can Bitcoin be written with either a capital or lower case 'b'?

  1. Yes

  2. No

  3. Only in informal settings

  4. Only if used in software

The correct answer is: No

The correct understanding of Bitcoin's naming convention dictates that it should be written with a capital 'B' when referring to the decentralized currency as a whole. This capitalization signifies the specific digital currency and distinguishes it from the generic term 'bitcoin' that may refer to units of the currency in a more informal context. When used in formal documentation or academic settings, adhering to the convention of using a capital 'B' for Bitcoin ensures clarity and aligns with the established standards within the cryptocurrency community. Understanding this distinction is essential for maintaining accuracy in communication regarding Bitcoin. The concept of capitalization also emphasizes the nature of Bitcoin as a defined entity in the realm of cryptocurrencies, which is particularly important in official and legal contexts. While there might be instances where 'bitcoin' could be used informally to describe individual units or in casual settings, officially, Bitcoin is treated as a proper noun.