Nocoiners

Part of speech: noun

Definitions

1. A term used to describe individuals who do not invest in cryptocurrency or reject its use
2. It refers to those who either choose not to participate in the digital currency market or explicitly oppose it
3. This word characterizes a group that remains skeptical or critical of the adoption of virtual currencies

Etymology: In its older sense, "coin" meant the stamping die itself rather than the metal disc it struck. The word traces through Old French "coin," meaning wedge or die, back to Latin "cuneus," meaning wedge. A "coiner" was originally someone who made money by striking metal with such a die, and the term also came to mean a counterfeiter, someone who produced false coins. "Nocoiner" is a modern compound of "no" and "coiner," the second part borrowing the sense of a person who creates or holds digital currency. The label is informal and mostly used in cryptocurrency communities to describe people who have not bought into the technology, and it is often used with a dismissive edge. It follows the pattern of other "no-" compounds in English, where the prefix marks the absence of a quality or stake.