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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. To compose letters and words on paper of a screen.

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. Acts of making or becoming something else. To go from one train, bus, etc. and go to another.

emergence

/əˈmərjəns/

noun

process of becoming visible after being concealed.

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. By a particular way or process; by the use of.

deposits

/dəˈpäzət/

noun other verb

sum paid into bank. Part payments so that an item will be kept for you. 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 write down or say what happened.

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