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Digital currencies: how do they work and what makes them different?

42,835 views

Bank of England

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

95%
  • 3:53 / 4:04

Speech Rate:

  • 173 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

recently

/ˈrēs(ə)ntlē/

adverb

Just a while ago; not long ago.

underpin

/ˌəndərˈpin/

verb

support building or other structure from below by laying solid foundation below ground level.

existing

/iɡˈzistiNG/

adjective verb

Being present, alive. To be present, alive or real.

written

/rīt/

adjective other verb

Expressed using writing. To invent or create a computer program. To invent or create a computer program.

currency

/ˈkərənsē/

noun

Money system that a country uses.

agreeing

/əˈɡrē/

verb

To have the same opinion as someone else.

traditional

/trəˈdiSH(ə)n(ə)l/

adjective

existing in or as part of tradition.

systems

/ˈsistəm/

noun other

set of things working together as parts of mechanism. Sets of organized planned ideas that work together.

changes

/CHānj/

noun other verb

act or process bringing change. Exchanges of one set of clothes for another. To exchange one set of clothes for another.

emergence

/əˈmərjəns/

noun

The process of emerging, coming out.

different

/ˈdif(ə)rənt/

adjective

not same as another or each other.

includes

/inˈklo͞od/

verb

To make someone, something part of a group.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. expressing movement into one side and out of other side of opening etc.. By a particular way or process; by the use of.

deposits

/dəˈpäzət/

noun other verb

sum paid into bank. Amounts of money that is put into a bank account. To put money or valuable items in a bank.

records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. To put music, sounds onto a device to store it.

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