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
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.