Bitcoin Part 1

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:

1. I am kicking myself for not going to the airport.
2. I am kicking myself that I didn't sign up when I had the chance.

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:

1. Trying to find a solution is like a chicken and an egg thing.
2. Its history is like a chicken and egg thing, no one knows for sure.

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:

1. She has to know a manager to get a foot in the door there.
2. Good references will help him get a foot in the door at work.

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:

1. His proposal came out of nowhere.
2. Their team came out of nowhere to win the award.

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:

1. The underground movement was instrumental in Paris during the World War.
2. She joined the underground movement because she was a rebel.

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:

1. When you break it down, diamonds are just dust.
2. Let's break it down and find where it went wrong.

NOW listen...

After you listen, answer these questions:
1) When did Anthony first get into bitcoin as a hobbyist? 
 a) 2007
 b) 2012
 c) 2014

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? 
 a) $20
 b) $8500
 c) $100

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