Digital money organized by a synced distributed ledger online. While centralized currencies are backed by the economies of countries, decentralized currencies typically don't have a government affiliation. These currencies are run by incentivized volunteers via appropriate consensus algorithms. Much like incentivized volunteers run Uber, called drivers, and Airbnb, called hosts, incentivized volunteers, traditionally called "miners," run these decentralized currency protocols. Examples of decentralized currencies include Bitcoin and Ethereum.
by undertheradar July 8, 2019
A proprietary form of value, like gift cards or loyalty points, usually issued by merchants and exchanged for goods.
by LovesWords January 4, 2018
by isuCkATspeLiNG February 9, 2021
1. A term used to tell much money someone has without knowing the real amount. Used when buying fast food
2. How much food someone can buy with a specific amount of money when going out.
2. How much food someone can buy with a specific amount of money when going out.
1. Person 1 gathers up a bunch of loose change and asks "how much food currency is this?" Person 2 looks at it and answers: "that looks like two bacon cheeseburgers and a small drink"
2. Person 1 only has $5 in his wallet at the moment and can't decide if they want to go out to lunch. Person 2 says: "That's three cheeseburgers and a small fry right there!"
2. Person 1 only has $5 in his wallet at the moment and can't decide if they want to go out to lunch. Person 2 says: "That's three cheeseburgers and a small fry right there!"
by aandc December 28, 2010
Boisel or ( bushel ) Currency, is a fundamental element or attribute of the idéaliste-équilibré economy. It is effectively another form of ( Time ) or ( Labour ) based alternative currency, however it defers form the subsequent currencies in two specific points. First, unlike the previous mentioned forms of currencies, whereby there value is exclusively based on an immediate performed act of labour . Boisel currency, is valued by the time and labour invested in one hour reaping of lb's180 of wheat or three wheat ( Bushels ) which requires one hour to harvest ( Manually ). Therefore it is not the value of the wheat it self, but rather the market value of the labour and time invested in reaping of the wheat that which is taken in to account. Boisel currency, unlike other alternative currencies can easily be exchanged between any number of different people and can be used as a medium in trade. Boisel currency, is not subject to interest, therefore it provides no prospect for the accumulating of excessive wealth. Therefore alleviating the manifesting of greed within the business sector, and subsequently society at large. Since Wheat is the primary ingredient for mans the most essential inebition ( Bread ) in the sustaining of life. It is therefore only natural that Wheat is used as a measure for the boisel currency.
Boisel currency denominations:
2-10-20-100
Boisel currency denominations:
2-10-20-100
Boisel-currency, is a medium where its value is determined exclusively by the market value of one hour time and labour invested in the harvesting of Wheat. 2 Boisel's, equals $2.00 which is the one hour wage of a wheat Reaper.
by Baron Neville May 22, 2016
1. Another name for the US Dollar.
2. FIAT CURRENCY.
Origin 1: From the pyramid depicted on the back of a $1 bill.
Origin 2: From the pyramidal economic and social structures that arose when Keynesian economic theories were adopted in shaping U$ monetary policy.
2. FIAT CURRENCY.
Origin 1: From the pyramid depicted on the back of a $1 bill.
Origin 2: From the pyramidal economic and social structures that arose when Keynesian economic theories were adopted in shaping U$ monetary policy.
Slave: But Master, why can't I get a job?
Master: Go to school young man. Graduate through the academic pyramid, and someday, you'll be allowed to make pyramid currency for yourself.
Slave: Fuck you, I'm gonna mine for bitcoin!
Master: Go to school young man. Graduate through the academic pyramid, and someday, you'll be allowed to make pyramid currency for yourself.
Slave: Fuck you, I'm gonna mine for bitcoin!
by schulwitz June 26, 2011
Grandma currency is what you get paid with when you do something for your grandma. It is usually 5-10 times the amount of money you would get if you were doing the same amount of work for anyone but your grandma.
It takes you an hour to cut your grandma's grass. You would probably get paid about 10 bucks an hour at a landscaping company for doing that, but because it's for your grandma, she pays you in Grandma Currency so she decides to give you 100 bucks for it.
You: Grandma, I'm done cutting your grass.
Grandma: Oh, thank you so much. Here's a little something for you for doing that for me.
(Hands you a fresh 100-dollar bill)
You: Grandma, I'm done cutting your grass.
Grandma: Oh, thank you so much. Here's a little something for you for doing that for me.
(Hands you a fresh 100-dollar bill)
by Mr Leahy January 9, 2010