They are trying to extrapolate on double entry bookkeeping where transactions are processed by debiting one account and crediting another (the debit and the credit being the two entries).
Triple entry isnt really accurate for Bitcoin imo though, cause effectively you are still debiting one wallet and crediting another, although i could see the argument for because Bitcoin processes transactions using an unspent transaction output. As far as I understand it, that means that the wallet balance is sent to be processed and out of that the payment is sent to recipient and the remainder is sent back to the original wallet. So that extra step may qualify as an 'entry'.
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