Talk Bitcoin to Me

Ep 9.0: Itty Bitty Episode - Acronyms! Acronyms Everywhere!

• Season 1 • Episode 11

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0:00 | 19:42

FUD, HODL, DCA, NFT, PoS, PoW?! Let us help you understand the hashtags.

Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. 
Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. 

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1:19 - DCA: Dollar Cost Averaging
3:43 - HODL: "Hold." Just hold.
6:12 - FUD (noun, verb): Fear, Uncertainty, and Doubt + CBDC: Central Bank Digital Currency
9:12 - SATS: Satoshis, the "cent" version of a Bitcoin {not an acronym, just a lil name}
9:58 - NFT: Non-Fungible Token
12:32 - FOMO + BTFD: Fear of Missing Out + Buy the F***ing Dip
14:09 - PoW vs PoS: Proof of Work (Bitcoin) vs Proof of Stake (Ethereum)

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Resources: 

  • What would happen if you Dollar Cost Averaged Bitcoin? dcabtc.com
  • The original HODL post. An absolute icon.
  • Dan Held on Twitter: @danheld (Dan HEDL)
  • Nic Carter's FUD dice - an article that combats allllll the FUD
  • Investopedia: The difference between Proof of Work and Proof of Stake

Sponsors:

Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first order
Redeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order