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
Mining
It is the process of the miners verify and adding transaction recors into a block.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
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