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What are some common slang terms used to refer to Bitcoin (BTC) in the cryptocurrency community?

avatarSergey AndreenkoDec 28, 2021 · 3 years ago7 answers

In the cryptocurrency community, what are some frequently used slang terms to refer to Bitcoin (BTC)?

What are some common slang terms used to refer to Bitcoin (BTC) in the cryptocurrency community?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) is often referred to as 'digital gold' due to its limited supply and store of value characteristics. It is also commonly called 'Satoshi' or 'Sats' in reference to its creator, Satoshi Nakamoto.
  • avatarDec 28, 2021 · 3 years ago
    In the crypto community, you'll often hear people say 'HODL' when referring to Bitcoin. It originated from a misspelling of 'hold' in a Bitcoin forum post and has since become a popular term to encourage long-term holding of Bitcoin.
  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) is known by various slang terms in the cryptocurrency community. Some people call it 'magic internet money' due to its decentralized nature and ability to be sent and received instantly across the internet. Others refer to it as 'the king' or 'OG' (original gangster) of cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) is commonly referred to as 'the honey badger of money' because, like the honey badger, it is resilient, unstoppable, and doesn't care about what others think. It has survived numerous challenges and continues to thrive in the cryptocurrency market.
  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) is often called 'digital currency' or 'cryptocurrency' in a more formal context. It is also referred to as 'BTC' or simply 'Bitcoin' by many enthusiasts and investors in the crypto space.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes Bitcoin (BTC) as the pioneer and most widely recognized digital currency. It is commonly referred to as 'BTC' or 'Bitcoin' in the cryptocurrency community.
  • avatarDec 28, 2021 · 3 years ago
    Bitcoin (BTC) is affectionately known as 'sats' by many crypto enthusiasts. 'Sats' is short for 'satoshis,' which are the smallest unit of Bitcoin. It's a way of expressing small amounts of Bitcoin, similar to how 'cents' are used for traditional currencies.