MHOUSE

The international members club for web3 innovators.

Join for Free

Magic Internet Money

Definition:

What normies call crypto currency. Originally posted on Reddit as part of a Bitcoin advertisement, the MSPaint illustration of a wizard has been a badge of honour since 2013. Also a formerly successful and volatile protocol run by Daniele Sesta.

Degen Chat

“I hope you didn’t go chips in on your ‘magic internet money’?”

Related Terms:

Dictionary: Assets
A legacy term for things that are worth money. Traditionally referring to items like jewellery, precious metals, antiques, shares and property. This term can also be applied to Bitcoin (digital asset), Ethereum (productive digital asset), pudgy penguin (jpeg of a f*#king penguin), or any coin that a 14-year-old spun up in their parents’ basement.

The LINKED Collection

A snapshot of the web3 revolution through the eyes of 1000 artists.

Find Out More

« Dictionary Menu