The moment in which the market capitalization of Litecoin exceeds that of Bitcoin Cash.

Flappening is the term used to describe any point at which the market capitalization of 

 surpasses that of Bitcoin Cash (BCH). The concept was humorously coined because of Bitcoin’s domination as the number one crypto asset to date, which means that it is almost always at the top of the market. Flappening was derived from flippening which describes the potential future scenario during which the market capitalization of BTC is surpassed by that of 

Flappening was first used in 2018 by the founder of LTC, Charlie Lee. The ultimate objective of the term is to show LTC’s superiority over BCH from a lower starting base.

The opposite of Bitcoin domination in which the market capitalization of Ethereum exceeds that of Bitcoin.

Flippening is the term used to describe any point at which the market capitalization of Ethereum (ETH) surpasses that of 

. The concept is popular because of Bitcoin’s domination as the number one crypto asset to date, which means that it is almost always at the top of the market when compared to other cryptos. ETH founders, users and promoters believe the coin is better than bitcoin in every way and that its market capitalization will eventually reflect its superiority.

Flippening is usually used by the ETH community, and it is meant to show that ETH has the potential and capacity to surpass BTC. However, it has not happened yet.

An economic term referring to how the government of a country manages money, especially in regards to taxation and revenue generation.

Fiscal policy is the economic term used to describe a government’s approach to the management of money and cash flow in a region. This policy usually encompasses everything from the principles guiding spending and borrowing, to how money is generated within the region. Ultimately, this policy greatly determines how businesses operate within a legal jurisdiction, what is considered legitimate business, and reasonable profit ranges.

Without fiscal policies, national economies would fall. They would be no different from unregulated markets where anything goes, so businesses can take undue advantage of the people and vice versa. Moreover, fiscal policies have significant implications for every sector within the region, as long as there is cash flow in that sector. Thus, a country’s fiscal policy is one of the major considerations of any visionary business before it commences operation in said country.

Flappening

Previous term

Next term