Have you ever wondered what is HODL?

You see the acronym HODL everywhere on forums and on twitter but what are the origins and what does it stand for? 


So today we are talking about cryptocurrency slang.  Another interesting point is how in the world would you pronounce it! Lucky enough most people dealing in cryptocurrency are keyboard bound rather than discussing it at the kitchen table (I could be wrong there).


Early research indicates it started when someone on a bitcoin forum made a spelling mistake for “HOLD” which makes sense because that can be an easy error to do. 


More research indicates that it stands for Hold On For Deal Life however I am not too sure about that as because that would be HOFDL. In any case the meaning is the same just hold your tokens or coins. 


Hold

On

For 

Dear 
Life


Do you have a suggestion as to what it could stand for? Comment below with some funny ones!

So at the end of the day if the coin or token is headed south from a price point. Many bullish cryptocurrency folks will post in forums saying Hang on Hold on there are better days ahead. 


On the back of the creation of this funny term comes “Hodler”  A person who is holding for better later times is known as a Hodler another funny word. So if you are a Hodler you are one that holds on no matter what in times your coin or token is tanking. Hodler can also be typed as HODL’er just to confuse you more. 

Bitcoin given as loyalty rewards by Visa!

Check this out there is a new visa card issued by Visa Inc. who has partnered with cryptocurrency start-up BlockFi to offer a visa credit card that rewards purchases with Bitcoin instead of airline miles or cash.


This means that people who have the card will receive 1.5% of their purchases back in the world’s most-valuable digital asset, and a lump sum $250 in the crypto-asset if they spend more than $3,000 in the first three months, BlockFi said in a statement. 


The card, will be issed by Evolve bank & Trust. For more information see Blokfi

With Blokfi you can Earn interest, borrow cash, and trade crypto. There are no hidden fees in a BlockFi Interest Account—just an annual return of up to 8.6% that starts accruing immediately, plus compounding interest every month.

 

Founded in 2017 by Zac Prince and Flori Marquez, the company was created with the goal of providing credit services to markets with limited access to simple products like a savings account. BlockFi sets itself apart from other cryptoasset service providers by pairing market-leading rates with institutional-quality benefits. The company is the only independent lender with institutional backing from investors that include Valar Ventures, Galaxy Digital, Fidelity, Akuna Capital, SoFi and Coinbase Ventures. The BlockFi team consists of professionals with a deep bench of expertise across financial services and technology with offices in New York, New Jersey, Poland, and Argentina. Additionally, Gemini Trust Company, LLC, a New York trust company regulated by the New York State Department of Financial Services, is BlockFi’s primary custodian.