XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Cronyism

Cronyism is awarding positions, jobs, contracts, loans, privileges, or advantages to friends or colleagues. It is used especially in politics, when referring to partiality between politicians and businesses. A person who supports or partakes in cronyism is referred to as a crony, cronie, or cronyist.

Trading basics

Deep state

Deep state is a term used for unauthorized secret networks of power operating within a government but independent of its political leadership, in pursuit of their own agendas and goals. In popular usage, the term carries overwhelmingly negative connotations and is often associated with conspiracy theories.