The word "Coin" - A new meaning

[Mate2237]

Coin has different meaning. Coin can origin or brought out. As franky1 put it. Op is trying to coin it from crypto which is also contradicting it original meaning. In cryptocurrency "coin" means money, currency which can be used to buy and sell goods and services on online and it is not what OP put it as "Common Information". I don't even know where that is coming from. In crypto coin always maintain it original meaning as currency.
Op used the content in the context wrongly. He would have given the dichotomy of it all before telling us the morphology.

[jokers10]

We will keep getting diffeerent meaning and interpretation on this same word, just as I've earlier said, anything written in block letters is most likely to be an abbreviation in which each single alphabet has its own means for what it stands for, in cryptocurrency, we don't often refer to a digital currency of any kind with the capital letters of "COIN" rather it's in small letters "coin" but the first letter which is "C" may be written in capital letters since it's the beginning of the word, it is also very important to always clarify the meaning of where the word coin is being applicable irrespective of the context.

If we talk about different alphabets, I guess you'll be very surprised to know that for instance in Bulgarian, Russian and Ukrainian it is called мoнeтa, what is translated as coin. So people use the same word in a same sense, but in totally different spelling. So you'll hardly find a way of implementing the same abbreviation for every alphabet which will be clear for everyone. Let's not invent a bicycle again and again. We already have a word which mostly everyone understands and I don't think people will be thankful for complicating of their lives.

[BVeyron]

We feel that the word "Coin" is taking on a new meaning due to the cryptocurrency meme. As such, we propose a backronym that better captures the current meaning of the word coin in this context.

COIN = COmmon INformation.

We feel that this reflects the common information (or shared/common knowledge) aspect of blockchain technology. I.e. the ownership/control of each token on a blockchain is common information.

A cursory glance at the various definitions of the words "Common" and "Information" yield a powerful support of this backronym:

Common: "belonging to or shared by two or more people or groups", "known to the community", "pertaining or belonging equally to an entire community, nation, or culture"...

Information: "derived knowledge", "communication or reception of knowledge", "knowledge obtained from investigation, study, or instruction"...

Coin Etymology:

coin (noun.)
c.1300, "a wedge," from Old French coing (12c.) "a wedge; stamp; piece of money; corner, angle," from Latin cuneus "a wedge." The die for stamping metal was wedge-shaped, and the English word came to mean "thing stamped, a piece of money" by late 14c. (a sense that already had developed in French). Compare quoin, which split off from this word 16c. Modern French coin is "corner, angle, nook." Coins were first struck in western Asia Minor in 7c. B.C.E.; Greek tradition and Herodotus credit the Lydians with being first to make and use coins of silver and gold.

coin (verb.)
 "to coin money," mid-14c., from coin (n.). Related: Coined; coining. To coin a phrase is late 16c. A Middle English word for minter was coin-smiter.

Source: http://etymonline.com/index.php?term=coin


Please discuss.

The other version of backronym can be "commercial information", that's exactly the real value in the era of digital money universe. Now banks have become not money holders, but commercial information keepers, so money (especially digital-fiat) are more similar to "identification documents" rather than freedom granting digits.

[tread93]

Coins will always be just that, coins haha. Digital Currency is the term you are looking for here. Coins will most commonly always be referred to units of exchange whether they be gold, silver, copper, or some mix of alloys we find here today. The coins you're getting these definitions from refer to the minting and assayers who physically stamped chunks of gold and silver. Back in those days oftentimes all coins looked very different, even though they had the same design. Thats why you see the 'bits or pieces' in that definition. Also may reference the pieces of eight, AKA COBS. I see what you mean though, bitcoin and crypto do bring a new meaning to the word "coin" per say...