Money Printer Go Brrr
By CoinGecko | Updated on Mar 24, 2020
A meme made to describe the US Federal Reserve resorting to unlimited quantitative easing or money printing to support the crashing traditional financial market. This was conducted as the entire global economy is heading towards a recession due to the COVID-19 coronavirus pandemic outbreak. "Brrrr" is also used to describe this around the internet in a shorter form.
Related Terms
PFP
It means both 'profile pic' and 'picture for proof'.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Goblin Town
A term used to describe the market's persistent downtrend, synonymous with "bear market".
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
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