In this video, Dan and Neil discuss the fascinating world of crypto-currency, focusing on Bitcoin. They delve into the origins of Bitcoin, its unique characteristics, and the impact it has had on the financial world.
Today’s movie
VIDEO URL: https://www.youtube.com/watch?v=0E9KurvLzqE
https://www.youtube.com/watch?v=0E9KurvLzqE
Listening Quiz
Let’s test your knowledge about Bitcoin with the following quiz questions:
Q1: When was the Bitcoin crypto-currency first created?
Q2: What does ‘legal tender’ refer to?
Q3: What does the term ‘fluctuates’ mean in the context of Bitcoin?
Q4: What is ‘scepticism’ in relation to Bitcoin?
Q5: What does ‘soared’ mean when discussing Bitcoin’s value?
Vocabulary
Expand your vocabulary with these key terms related to crypto-currency and finance:
currency
The money being used in a given country at a certain time.
The Euro is the currency used in many European countries.
The Euro is the currency used in many European countries.
cryptic
Mysterious or difficult to understand.
The message he left was so cryptic that no one could decipher it.
The message he left was so cryptic that no one could decipher it.
legal tender
The official money that can be used within a country.
US dollars are legal tender in the United States for all transactions.
US dollars are legal tender in the United States for all transactions.
fluctuates
Changes in level or amount.
The prices of commodities often fluctuate based on market demand.
The prices of commodities often fluctuate based on market demand.
scepticism
Doubt that something is real or true.
There is widespread scepticism about the effectiveness of the new law.
There is widespread scepticism about the effectiveness of the new law.