Cryptocurrency Q&A
What do you mean by mint and minting?
What do you mean by mint and minting?
Alessandra
Mon Nov 18 2024
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5 answers
1128
I'm curious about the terms 'mint' and 'minting'. Could you explain what they mean or represent, especially in the context of digital assets or cryptocurrencies if applicable?
5 answers
BitcoinBaroness
Wed Nov 20 2024
The term "minting" is traditionally associated with the act of manufacturing coins by a mint.
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GeishaMelodious
Wed Nov 20 2024
In modern usage, however, the word has evolved to have a different connotation.
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Margherita
Wed Nov 20 2024
Specifically, the phrase "minting money" is now commonly used to describe a company's immense success and profitability.
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KatanaSharpness
Wed Nov 20 2024
When a company is said to be "minting money," it implies that it is generating a significant amount of revenue, often to the point of seeming almost magical.
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CryptoNerd
Tue Nov 19 2024
BTCC, a top cryptocurrency exchange, is an example of a business that could be described as "minting money" due to its thriving services.
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