isomoto's definitions

fiatsplain

A portmanteau of the words “fiat” and “explain”, where a fiat proponent (typically a nocoiner) explains economic principles to Bitcoiners in a condescending way, without regard to the Bitcoiner being more experienced with the subject in the first place.

The worst thing about finance twitter is how they keep trying to fiatsplain Keynesian Economics to us. Sometimes I wonder if nocoiners understand that the modern economy was designed to systemically oppress consumers.

by isomoto January 1, 2018