Bitcoin [BTC] and other cryptocurrencies slowly have been grabbing the attention of the entire world over the past years. The largest-cryptocurrency, Bitcoin became one of the most controversial topics when it went through a major surge, nearly reaching $20,000.
With governments and regulators discussing the new asset, the coin soon made headlines on well-renowned mainstream media houses. This includes Bloomberg, Reuters, CNN, CNBC, and Forbes, with CNBC Fast Money even dedicating some of its discussion panels on Bitcoin [BTC] and other cryptocurrencies. The latest on this line includes The Associated Press Stylebook and Briefing Media Law aka AP Stylebook, an English grammar style and usage guide that is referred by reporters.
AP Stylebook announced on Twitter that they would be including Bitcoin, Litecoin, Dogecoin, and Ethereum to its new entry on cryptocurrency. This could have an impact on how cryptocurrencies would be viewed by mainstream media platforms, bring in uniformity. The announcement read,
“We have a new entry on cryptocurrency, including Bitcoin, Litecoin, Dogecoin and Ethereum. It contains explanations as well as style points.”
They further stated,
“Capitalize when referring to Bitcoin and other currencies as a system, but lowercase when referring to their use as payment: The government wants to regulate Bitcoin, Ethereum and other cryptocurrencies. He bought a vacuum cleaner online using bitcoins”
This was followed by Max Koopsen, the copy editor at Cointelegraph, asking questions pertaining to the capitilization of the name of a cryptocurrency. One of his tweets read,
“3. Why is it “ethereums” rather than “ethers”? In my understanding, Ethereum is the name of the system while ether is the currency. Maybe @VitalikButerin can help clear it up?”
This, in turn, grabbed the attention of Vitalik Buterin, the creator of Ethereum, who stated that the preferred term for the payment use of Ethereum to be referred as ether. He stated,
“I think we favor “ether” for the cryptocurrency, plural also ether. So: ‘the price of ether is stable today’, ‘I paid him 5 ether for the banana’, ‘my favorite cryptocurrency is ether’.”