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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:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

recently

/ˈrēs(ə)ntlē/

recently
adverb

at recent time.

underpin

/ˌəndərˈpin/

underpin
verb

To support or strengthen the foundations of.

existing

/iɡˈzistiNG/

existing
adjective verb

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

written

/rīt/

written
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/

currency
noun

Widespread acceptance.

agreeing

/əˈɡrē/

agreeing
verb

have same opinion.

traditional

/trəˈdiSH(ə)n(ə)l/

traditional
adjective

existing in or as part of tradition.

systems

/ˈsistəm/

systems
noun other

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

changes

/CHānj/

changes
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/

emergence
noun

The process of emerging, coming out.

different

/ˈdif(ə)rənt/

different
adjective

not same as another or each other.

includes

/inˈklo͞od/

includes
verb

To make someone, something part of a group.

through

/THro͞o/

through
adjective adverb preposition

continuing or valid to final destination. expressing movement into one side and out of other side of opening etc.. Over, in, across an entire thing or place.

deposits

/dəˈpäzət/

deposits
noun other verb

sum paid into bank. Natural laying down of layers over time. (Of rivers) to leave a layer of minerals, etc..

records
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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