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
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Pay-Per-Share (PPS)
You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
Hard Fork
It is a permanent divergence of a blockchain into two blockhains. The original blockchain does not recognize the new version.
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