band for band

A competition of seeing who has the most money, typically involving two people.

Using an agreed upon middleman, both individuals send cryptocurrency to the middleman's address while not disclosing the amount to the other person. This continues until one person taps out. The middleman sends the winner all of the money. This is mostly done by the internet fraud, scamming, and simswapper communities. Other communities such as Roblox and Discord have adopted this term while having little idea of what it actually means.

I used $150,000 when going band for band with Jack, but he beat me by $100,000. Now I'm broke.

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