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
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Soft Cap
Targeted fund raising limit of an ICO
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
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