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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
