BUIDL

By Cryptomcmillan1 | Updated on May 24, 2020

An extension to the term "hodl" that originated in December 2013 in Bitcoin forums, buidl is also misspelled on purpose from the word "build". Generally used within cryptocurrency communities to indicate that work is being done to better the cryptocurrency space through new products and innovations.

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Related Terms

Liquidity

How easily a cryptocurrency can be bought and sold without impacting the overall market price.

Microtransaction

Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.

Central Bank Digital Currency (CBDC)

It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.

Decentralized

A system where there are no centralized points of failure or organization with no central authority figure.

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