The word \u201cSatoshi\u201d has been officially recognized by the Oxford English Dictionary for the first time, joining a slew of new words to be added to the dictionary this year. According to the most recent quarterly update of words published by the Oxford University Press, the word has been added to dictionaries, alongside the likes of \u201cManhattanhenge\u201d, \u201cwhatevs\u201d and \u201cchillax.\u201d The update clarifies Satoshi\u2019s usage as a unit of cryptocurrency, as well as highlighting its origins, derived from the founder of Bitcoin himself Satoshi Nakamoto. Satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the\u2014probably pseudonymous\u2014developer(s) of Bitcoin. According to the new dictionary definition, a Satoshi is the \u201csmallest monetary unit\u201d in BItcoin. The smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a bitcoin. With the addition, Satoshi joins Bitcoin, which was first added to the dictionary in 2014\u2014years before it entered into common usage, though still several years since the term was first...coined. According to the OED, the term was first used back in 2008, immediately prior to the launch of BTC in 2008, appearing \u201cin a message to an electronic mailing list in 2008 which describes a \u2018new electronic cash system\u2019 which is \u2018fully peer to peer, with no trusted third party\u2019 handling payments between buyer and seller.\u201d It noted, \u201cWhether or not the name under which this message was sent, \u2018Satoshi Nakamoto\u2019, is a pseudonym, and whether this name is being used by a single person or by a group, Nakamoto\u2019s claim to have coined the word \u2018Bitcoin\u2019 seems relatively secure.\u201d Further, the authoritative dictionary says Satoshi was reportedly born in 1975. However, Dr. Craig Wright, the founder of bitcoin, was in fact born in 1970, and it remains unclear to whom the dictionary refers on this detail. Nevertheless, the inclusion of Satoshi in the dictionary shows the increasingly mainstream nature of the cryptocurrency world. Following a similar trajectory as use of the word \u2018Bitcoin,\u2019 it is expected that \u201cSatoshi\u201d will be more commonly used and understood in the coming years, as essential terminology for those using and discussing crypto for payments.