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ledger

A book of financial transactions.

Businesses keep great records in their ledger so they can always tell where their money is coming from and going to.

by undertheradar August 2, 2019

19πŸ‘ 4πŸ‘Ž


DFPT

Destined for public transportation. Another way to say, "you will be poor."

You're not buying Bitcoin? You're DFPT.

by undertheradar January 6, 2024


DeFi

Decentralized Finance. Typically refers to apps connected to distributed ledger smart contracts such as with Ethereum and EOS, however, some refer to Bitcoin.

This DeFi trading app uses Metamask.

by undertheradar July 5, 2019

532πŸ‘ 5πŸ‘Ž


tx

Short for transaction.

I tried buying some jpegs, but the tx failed.

by undertheradar August 16, 2021


future of france

Also known as the future of finance. Which refers to DeFi. Which refers to Ethereum.

I'm investing in the future of france.

by undertheradar May 4, 2021


dumb money

Not understanding an asset a person is buying, or a market someone is engaging in. Not caring to learn about an asset someone is buying.

Buying an asset at the peak before a bear market. The act of buying high and selling low.

Effectively, itҀ™s dumb money moving in.

by undertheradar June 12, 2020

11πŸ‘ 2πŸ‘Ž


probably nothing

This phrase is often used sarcastically. It probably is something.

Ethereum made 5x the revenue Bitcoin has made this week. Probably nothing.

by undertheradar May 14, 2021

36πŸ‘ 2πŸ‘Ž