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Crypto encyclopedia: second volume

<!-- SC_OFF --><div class="md"><p>Diamond hand: crypto jihadist. Someone who rather go bankrupt than sell. </p> <p>Gas fee: getting mugged by a blockchain.</p> <p>KYC: know your costumer. Replace "customer" with "possible tax dodger" and you will have the real meaning.</p> <p>Leverage trading: the act of multiplying your stupidity. Crypto equivalent of hara-kiri. </p> <p>Paper hand: a wise person. Someone who didn't got obliterated in 2021-22. An actual trader who thinks with his brain rather than out of his ass.</p> <p>POS: if used for a person (like Elon or Bezos) means piece of shit. If used for a blockchain mean those piece of shits will get much more reward for holding much more coins.</p> <p>POW: A consensus mechanisms which rewards you for destroying the environment. </p> <p>Private key: a word salad which you are tasked with keeping safe but will eventually share with the first random scammer you come across. </p> <p>Shorting: finding the only coin which is gonna go up in the market apocalypse with 100% accuracy. </p> <p>Smart contract: something that you will see in every whitepaper but in no blockchain.</p> <p>Stablecoin: crypto revenge on the banking system by making an unstable, risky and all around shitty version of USD. </p> <p>TA: technical analysis. The art of drawing imaginary ceilings and floors by connecting dots. A pseudo science which is somehow even worst at prediction than blind chance. </p> <p>Terra-luna: World record holder for the biggest mass fucking. Someone called Do kwon have managed to fuck ten million people simultaneously in the arse.</p> <p>To the moon: a cultist abracadabra which you have to say every time a shitcoin goes up 0.3%. the crypto version of telling a dying patient "everything will be okay".</p> <p>Trading Bot: the only thing in the entire universe which is a worst trader than you. An app that you buy for an amazing price of 5$ and obviously gonna make you a millionaire.</p> <p>Whitepaper: a collection of highly detailed, masterfully written and carefully planed lies. Something that everyone agrees is extremely important but no one actually bothers to read.</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/Successful_Craft3076"> /u/Successful_Craft3076 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x34oyq/crypto_encyclopedia_second_volume/">[link]</a></span>   <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x34oyq/crypto_encyclopedia_second_volume/">[comments]</a></span>