A digital asset that has gained currency in decentralized Ponzi schemes, which makes it virtually impossible to catch the bad actors (criminals, hackers, money launderers, drug & human traffickers, …); it also serves as safe virtual money to protect the wealth of those who live in developing countries beset with hyperinflation.
Once dubbed an “index of money laundering,” bitcoin is often confused with blockchain, which is a system of recording information that is almost impossible to change or forge.
by Numerati June 28, 2024
Get the Bitcoinmug. “You failed the test, Your such a bitcoin”-person 1
“Just because I’m smart doesn’t mean I have to pass every test”-person 2
“Just because I’m smart doesn’t mean I have to pass every test”-person 2
by Tottaly normal December 9, 2022
Get the Bitcoinmug. by BeyondYe420 November 22, 2021
Get the Bitcoin Pimpmug. A phenomenon observed in individuals who have been involved with Bitcoin for an extended period, typically spanning a decade or more, characterized by a growing sense of disillusionment and resentment towards the evolution of Bitcoin and its community. These individuals, often early investors who have amassed significant wealth from Bitcoin's appreciation, express discontent with the perceived divergence of the cryptocurrency and its culture from its original ethos and intended purpose.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
He used to be such a good Bitcoiner, now suffering from Bitcoin Derangement Syndrome (BDS) he's peddling shitcoins to enrich himself.
by A person111222333 November 16, 2023
Get the Bitcoin Derangement Syndrome (BDS)mug. by Parallaxative March 9, 2020
Get the Bitcoin Bitchmug. Bitcoin Broskies are dudes who went to b-school together, but dropped out to put all of their effort into mining Bitcoin out of their 3 bedroom apartment in midtown Manhattan.
Emre, Jan, and Jeremy are total Bitcoin Broskies - their electric bill is $600/month but they mine .0008 Ehereum a day so it’s all good.
by PlusGroupLivesOn4Eva November 14, 2017
Get the Bitcoin Broskiesmug. someone who talks about Bitcoin too much and loves it too much and think the whole world revolves around Bitcoin
by TryNotToListenToIdiots November 22, 2021
Get the bitcoin losermug.