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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

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

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 create a song or piece of music.

currency

/ˈkərənsē/

noun

Widespread acceptance.

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 make or become something else.

emergence

/əˈmərjəns/

noun

The process of emerging, coming out.

different

/ˈdif(ə)rənt/

adjective

not same as another or each other.

includes

/inˈklo͞od/

verb

comprise or contain as part of whole.

through

/THro͞o/

adjective adverb preposition

continuing or valid to final destination. expressing movement into one side and out of other side of opening etc.. Allowing you to pass between, or to.

deposits

/dəˈpäzət/

noun other verb

sum paid into bank. Amounts of money that is put into a bank account. put or set down in place.

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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