When someone takes out a long-term loan to fund their crypto trading endeavors. After they get rekt, they think of Charlie Lee (Litecoin founder) with every repayment made on the loan.
He took out a Charlie Lee loan to buy a bunch of Litecoin and Galactic Ape NFTs. Now he's stuck paying it back after getting rekt.
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)