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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

at recent time.

underpin

/ˌəndərˈpin/

verb

To support or strengthen the foundations of.

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. 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. Acts of making or becoming something else. To exchange one set of clothes for another.

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

continuing or valid to final destination. 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. 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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