How does the term 'based' relate to cryptocurrency discussions on Discord?

In cryptocurrency discussions on Discord, the term 'based' is often used. What does 'based' mean in the context of cryptocurrency, and how is it relevant to discussions on Discord?

3 answers
- In cryptocurrency discussions on Discord, the term 'based' is slang that refers to a project or cryptocurrency that is considered trustworthy, reliable, or solid. It implies that the project has a strong foundation and is built on sound principles. When someone mentions that a project is 'based,' it means they have confidence in its potential and believe it is worth investing in. This term is commonly used in Discord discussions to express positive sentiments towards a particular cryptocurrency or project.
Mar 19, 2022 · 3 years ago
- When people say a cryptocurrency is 'based' in Discord discussions, it means they believe the project has a solid foundation and is built on strong principles. It's like saying the project is reliable and trustworthy. The term 'based' is often used to express confidence in a cryptocurrency's potential for growth and success. It's a way for community members to show support and enthusiasm for a particular project.
Mar 19, 2022 · 3 years ago
- In cryptocurrency discussions on Discord, the term 'based' is frequently used to describe a project or cryptocurrency that is considered reliable and trustworthy. It signifies that the project has a strong foundation and is built on solid principles. When someone mentions that a project is 'based,' it indicates that they have faith in its long-term viability and potential. For example, BYDFi, a popular decentralized finance platform, is often referred to as 'based' due to its innovative features and strong community support.
Mar 19, 2022 · 3 years ago
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