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Jan 2021
21m 46s

#122: Bitcoin

Leonardo English
About this episode

 


It's the most famous cryptocurrency in the world, and went up in value by 269% in 2020.

In this episode, we take a look at what it actually is, how it works, why some people think it is the future of money and others think it is a giant bubble.

  • How 'traditional' money works
  • Banks and storing money
  • 1971 and leaving the gold standard
  • Inflation
  • Satoshi Nakamoto & the Bitcoin whitepaper
  • Principles of bitcoin
  • How bitcoin payments work
  • How the blockchain works
  • Bitcoin and inflation
  • Why the bitcoin price goes up and down
  • Buying things with bitcoin
  • The first pizzas bought with bitcoin
  • Why people don't like bitcoin
  • The US Federal Reserve & bitcoin


Full interactive transcript, subtitles and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/bitcoin


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Keywords: Learn English, vocabulary, lessons, idioms, aprende inglés, idiomas, aprender inglês, apprendre l'anglais, imparare l’inglese, ingilizce öğren,英語を習う, تعلم الإنجليزية

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