# BUIDL
BUIDL is a popular term used in the cryptocurrency industry that stands for “Build Unconditionally In Decentralized Ledgers”. It is an actionable call-to-action phrase encouraging developers and other participants in the space to continue innovating, building, and pushing forward with projects on decentralized ledger technologies like blockchain. The acronym was created by Bitcoin Cash developer Ryan X Charles as an alternative to HODL (Hold On for Dear Life), which has become synonymous with long-term investment strategies in crypto markets.
The primary purpose of BUIDL is to motivate individuals involved in the blockchain space to stay focused on creating innovative projects rather than simply trading or speculating on prices. This mentality encourages collaboration among developers and entrepreneurs who are willing to work together towards advancing decentralization technology through experimentation and exploration. It also promotes sustainability within the ecosystem by preventing “pump & dump” cycles that often occur due to speculation, allowing participants time to focus their efforts on building real value instead of chasing short-term profits.
Ultimately, BUIDL serves as a reminder that all significant advancements come from hard work and dedication – something that anyone can do regardless of their background or level of experience. As such, it has become a rallying cry among those looking to make meaningful contributions within the crypto industry while remaining committed to creating lasting change through innovation.
