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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

To support or strengthen the foundations of.

existing

/iɡˈzistiNG/

adjective verb

in existence or operation at current time. To be present, alive or real.

written

/rīt/

adjective other verb

Expressed using writing. To invent or create a computer program. mark symbols on surface with pen.

currency

/ˈkərənsē/

noun

system of money in general use in particular country.

agreeing

/əˈɡrē/

verb

To have the same opinion as someone else.

traditional

/trəˈdiSH(ə)n(ə)l/

adjective

Involved in a custom or event common to a people.

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 replace something with another thing.

emergence

/əˈmərjəns/

noun

The process of emerging, coming out.

different

/ˈdif(ə)rənt/

adjective

Not of the same kind; unlike other things.

includes

/inˈklo͞od/

verb

comprise or contain as part of whole.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. From the beginning of something until the end. Over, in, across an entire thing or place.

deposits

/dəˈpäzət/

noun other verb

sum paid into bank. Natural laying down of layers over time. put or set down in place.

records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. set down in writing or some other permanent form for later reference.

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