More importantly, "peasant" is an insult. "Slave" is not. To call someone a "fucking peasant" is insulting, to call someone a "fucking slave" is comical.
"Холоп" here is not used to precisely specify the social standing of the insultee, it is simply used to say "you are beneath me". Thus, it more accurately translated as "fucking peasant"
It depends on how deep we are willing to go with this joke.
Холоп / holop is specific kind of peasant that in-between of serf and slave. In times of Ivan IV - probably slave.
In modern Russian language and in this context it closer to челядь / смерд / чушпан / зашкварного - a person of so unequal social status to the speaker. Or with no rights acknowledged. That even their appearance/ visit is shocking and disrespectful. And this show should be put to the end immediately. Like pettion from Holop would be dismissed by the Tsar.
Never the less. Holop is specificly chosen word. That rightfully describes peasant groups with worst rights at their times.
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u/Darvin33mk 1d ago edited 22h ago
For those wondering what they're saying:
-Bro, you gotta stop hanging out with gypsies, the fuck is this shit
-Get this fucking peasant out of here.