Explaining Crypto To Your Friends And Family - In Singlish

Happy 57th Birthday Singapore!

As the premier crypto hub, our island nation managed to attract top talent from far and wide. Despite this, we as Singaporeans often have a hard time explaining the topic to those close to us.

With the theme for this year being #StrongerTogether, we have compiled a list of top cryptocurrencies - and how to explain them in a more relatable way.

Bitcoin (BTC)

Your uncle buy one

Ethereum (ETH)

Your Nephew Buy One

USDT (USDT)

Online got money, bank zero

Binance Coin (BNB)

Now Singapore cannot use already

Decentraland (Mana)

Can buy house next to JJ Lin

Cardano (ADA)

Your first time crypto will buy

XRP (XRP)

Everytime kena sue

Solana (SOL)

Like SMRT - good, but always maintenance

Dogecoin (DOGE)

Your son buy one

Avalanche (AVAX)

That time give voucher then everyone use

Polygon (MATIC)

Partner with Disney

DAI (DAI)

Pawn Shop - you give your things, they give you money

Shiba Inu (SHIB)

News say people become millionaire, but your friend all lose money

Uniswap (UNI)

Money Changer

Wrapped Bitcoin (WBTC)

BTC, but ketupat

Litecoin (LTC)

Daiso Bitcoin

Chainlink (LINK)

SG Bus timing app

Cronos (CRO)

No more Netflix and Spotify

Cosmos (ATOM)

Telegram for crypto

Apecoin (Ape)

Your friend uncle daughter nephew cousin became rich because of this

Tezos (XTZ)

They Sponsor Man United

Axie Infinity (AXS)

Last time play game can make money

Aave (AAVE)

DBS, but hard to use

Closing Thoughts

Being in the crypto space, it often gets hard to explain the differences to those who ask.

However, taking the time to break concepts down always helps lower the barrier to entry for others. With Singapore taking a step towards better regulation every day, this is a good way to get those who are curious- but not on board yet, into the world of Web3.0.

Also Read: ChainDebrief Team’s Top Picks For Q3 2022

[Editor’s Note: The expressions here are meant to be satire. This article does not represent the views of Chaindebrief or any affiliated entities. Please do your own research before investing.]

Featured Image Credit: VulcanPost