Faber PettyDec 28, 2021 · 3 years ago7 answers What are the different ways to interpret the meaning of quote money in the cryptocurrency industry?
In the cryptocurrency industry, the term 'quote money' is often used, but what does it actually mean? How can we interpret its meaning in different ways? Are there any specific definitions or interpretations that are commonly accepted? Can it refer to the currency in which a cryptocurrency is quoted or traded against? Or does it have a broader meaning that encompasses the value and liquidity of a cryptocurrency? I would like to understand the various perspectives and interpretations of 'quote money' in the context of cryptocurrencies.