The world of blockchain and digital assets is evolving at lightning speed, and with it comes a new wave of financial opportunity — and linguistic curiosity. In a recent episode of NG English, blockchain expert Denys Yin shed light on the booming world of cryptocurrency trading while answering a surprisingly common question: How do you talk about crypto in fluent, natural English?
Whether you're an investor, tech enthusiast, or language learner, understanding the terminology isn't just about sounding smart — it's about confidently navigating conversations in global markets, business meetings, and online communities.
Let’s break down the key insights from Denys’ experience, explore essential crypto-related vocabulary, and learn how to express complex blockchain concepts clearly and correctly in English.
What Is NFT? And Why Does It Matter?
One of the first topics Denys addressed was NFT, or Non-Fungible Token. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable (fungible), each NFT is unique — think of it like a digital certificate of ownership for art, music, videos, or even virtual real estate.
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In English, you might say:
"An NFT represents verifiable digital scarcity. It’s not just a file — it’s proof of authenticity."
This distinction is crucial when discussing value in digital economies.
Key Industry Terms You Should Know
Denys shared several foundational terms used across blockchain and tech industries. Mastering these helps you sound informed — whether you're networking, investing, or simply following trends.
1. Marketing (m____ing)
Yes, the blank is filled with “arke” — marketing. Simple, but often mispronounced by non-native speakers. In blockchain projects, marketing drives adoption — especially for new tokens or platforms.
2. Business Development (BD)
Shortened to “BD,” this refers to forming strategic partnerships. You might hear:
"We’re focusing on BD this quarter to expand into Asian markets."
3. Research & Development (RD)
Known as “R&D” in English, this team builds the actual technology behind a project.
"The RD team is optimizing smart contract efficiency."
4. Mining
While traditionally linked to Bitcoin, “mining” here refers to validating transactions using computing power. Denys clarified that newer chains use alternatives like staking, but the term remains widespread.
5. Binance Smart Chain (BSC)
A major blockchain platform supporting fast, low-cost transactions. When discussing alternatives to Ethereum, BSC frequently comes up.
"Many DeFi apps run on Binance Smart Chain due to lower fees."
6. Agnostic
Used to describe systems that work across different environments. For example:
"This wallet is blockchain-agnostic — it supports multiple networks."
It means being neutral or independent — a useful concept in tech integration.
Common Phrases & Idioms from the Conversation
Language learners will appreciate these real-world expressions Denys used:
"To get past something"
Means to overcome a challenge."Many beginners struggle with crypto wallets, but once you get past the setup, it gets easier."
"Rock" (as in “r___k”)
Refers to an obstacle or burden."High gas fees were a real rock in early Ethereum transactions."
"Black and white"
Describes clear-cut situations — no gray areas."Smart contracts are black and white: they execute exactly as coded."
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"Tech savvy" (t___ s____y)
A person skilled with technology."You don’t need to be tech-savvy to use modern wallets — UX has improved dramatically."
"Jargon" (j____n)
Specialized language used within a field."Crypto jargon can be intimidating at first — terms like ‘staking,’ ‘liquidity pool,’ or ‘fork.’”
Denys emphasized that overcoming language barriers is similar to overcoming investment fears: both require exposure and practice.
The Third Culture Advantage in Language Learning
As a third-culture kid, Denys shared how moving between cultures shaped her approach to language. Growing up exposed to multiple languages and communication styles gave her flexibility in expression — a huge asset in global tech spaces where clarity bridges cultural gaps.
She encouraged learners not to fear mistakes:
"Every error is feedback. The goal isn’t perfection — it’s connection."
This mindset applies equally to investing: trial, learning, and adaptation lead to growth.
Frequently Asked Questions (FAQ)
Q: What’s the difference between cryptocurrency and blockchain?
A: Blockchain is the underlying technology — a secure, decentralized ledger. Cryptocurrency is one application of that technology, like Bitcoin or Ethereum.
Q: How can I sound more natural when talking about crypto in English?
A: Focus on context over memorization. Instead of saying “I buy digital money,” try “I invest in cryptocurrencies” or “I trade digital assets.”
Q: Is ‘crypto’ short for ‘cryptocurrency’? Can I use it casually?
A: Yes! “Crypto” is widely accepted in both formal and informal settings. Example: “I’ve been researching crypto trends for six months.”
Q: What does ‘DeFi’ mean?
A: Short for Decentralized Finance, DeFi refers to financial services built on blockchain without traditional banks.
Q: How do I pronounce ‘NFT’?
A: Most people say “N-F-T” letter by letter. Some say “neft,” but the former is more common.
Q: Where should I practice crypto-related English?
A: Join online forums like Reddit’s r/CryptoCurrency, watch YouTube interviews with founders, or follow thought leaders on X (formerly Twitter).
Final Thoughts: Language Meets Innovation
Denys’ journey reflects a powerful trend: the intersection of language, technology, and finance. As digital economies grow, so does the need for clear communication across borders.
Understanding terms like blockchain, NFT, DeFi, mining, staking, and crypto trading isn’t just about vocabulary — it’s about participating in the future of money.
Whether you're learning English to advance your career or aiming to invest wisely in emerging technologies, fluency opens doors — both linguistic and financial.
Remember Denys’ advice:
"Don’t wait until you’re perfect. Start speaking, start exploring, start now."
The crypto world moves fast — and so should your ability to talk about it confidently in English.