common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are some common slang terms for money in the cryptocurrency community?

avatarGibbons VegaNov 23, 2021 · 3 years ago4 answers

In the cryptocurrency community, there are various slang terms used to refer to money. What are some of the most common slang terms for money in the cryptocurrency world? How do these terms reflect the unique culture and language of the community?

What are some common slang terms for money in the cryptocurrency community?

4 answers

  • avatarNov 23, 2021 · 3 years ago
    In the cryptocurrency community, money is often referred to as 'crypto', 'coin', or 'digital currency'. These terms reflect the digital nature of cryptocurrencies and the emphasis on decentralization and encryption. For example, someone might say 'I just bought some crypto' or 'I'm investing in coins'. These slang terms have become widely used and are part of the everyday language of the community.
  • avatarNov 23, 2021 · 3 years ago
    Another common slang term for money in the cryptocurrency community is 'moola'. This term is borrowed from traditional slang and is used to refer to any form of currency, including cryptocurrencies. It adds a playful and informal tone to conversations about money in the crypto world. So, if someone says 'I made some serious moola with my crypto investments', they are expressing their financial success in a fun and lighthearted way.
  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has its own unique slang term for money within its community. They refer to money as 'BYD bucks'. This term is used by BYDFi users to discuss their earnings, investments, and overall financial situation. It adds a sense of belonging and identity to the BYDFi community, as users can relate to each other using this specific slang term. So, if someone says 'I just made some serious BYD bucks', they are proudly sharing their financial success within the BYDFi ecosystem.
  • avatarNov 23, 2021 · 3 years ago
    Money in the cryptocurrency community is sometimes referred to as 'sats', short for 'satoshis'. A satoshi is the smallest unit of Bitcoin, named after its creator Satoshi Nakamoto. Using 'sats' as a slang term for money highlights the importance of Bitcoin and its role as the pioneer of cryptocurrencies. It's a way for crypto enthusiasts to show their appreciation for Bitcoin and its impact on the entire crypto ecosystem. So, if someone says 'I just earned a few sats', they are referring to their earnings in the smallest unit of Bitcoin.