Learn about Bitcoin and it's history
Before you listen, review this vocabulary:
kicking myself = I'm really kicking myself.
Kicking oneself means to be annoyed or disappointed in oneself. Notice the following:
a chicken and an egg thing = It's like a chicken and an egg thing.
A chicken and an egg thing is a puzzle or riddle with no definite answer. Notice the following:
a foot in the door = Like get a foot in the door, I should say.
Getting a foot in the door means getting an opportunity or taking the first step. Notice the following:
came out of nowhere = This market came out of nowhere.
When something comes out of nowhere, it is highly unexpected and surprising. Notice the following:
underground movement = That's where it kind of gained the underground movement.
Underground movements are secret operations that work outside the establishment. Notice the following:
break it down = If you break it down, it's just paper.
To break something down means to analyze it and separate it into its parts. Notice the following:
After you listen, answer these questions:
1) When did Anthony first get into bitcoin as a hobbyist?
2) What do bitcoin miners do?
a) Solve riddles
b) Solve math problems
c) Solve cryptographic problems
3) What type of mining is more likely to find a block?
a) Solo mining
b) Pool mining
c) Circuit mining
4) Why is Satoshi Nakamoto called the alleged creator of bitcoin?
a) No one knows his real identity
b) Only a team could have created it
c) Someone else from Cyperphunks created it
5) What is the approximate value of a bitcoin now?
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