Bitcoin Part 2
Let's learn some more about bitcoin and cryptocurrencies.
Before you listen, review this vocabulary:
at the end of the day = It's a program at the end of the day.
At the end of day means ultimately and refers to a conclusion. Notice the following:
household word = It's kind of becoming a household word.
A household word is a popular word that is used by everyone. Notice the following:
has a say = There's no government organization that really has a say.
Having a say in something means to have a power over something. Notice the following:
big hurdle = So there's a big hurdle.
A big hurdle means an obstacle. Notice the following:
user-friendly = Makes it more user-friendly.
When something is user-friendly, it is easy to use. Notice the following:
obsessing over it = Just really obsessing over it.
When you obsess over something you spend too much time and effort on it. Notice the following:
After you listen, answer these questions:
1) Why did Anthony stop investing in bitcoin?
a) He was excited
b) He was anxious
c) He was exhausted
2) What does he think is an archetype of future payment systems?
3) What is the biggest hurdle in cryptocurrency adoption?
a) The knowledge required
b) The security measures
c) The customer service
4) Why does Todd think older people will use cryptocurrency more?
a) They are very tech savy
b) They like new technologies
c) They have more money to invest
5) When dealing with bitcoin, who is in charge of securing your funds?
a) The government
c) Customer service
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