Bitcoin Explained and Made Simple

B2 – Upper Intermediate

Cryptocurrency is becoming more and more popular. There are a few widely accepted cryptocurrencies and the number keeps growing. Just like stocks, they are even widely traded across trading platforms.

Bitcoin is the most popular cryptocurrency. As of writing, it is valued at around $58 000. But what is Bitcoin?

Let’s watch the video and learn more about the cryptocurrency Bitcoin.

Discussion Questions:

  1. What is “the double-spending problem” and what was the solution to it?
  2. What are your thoughts on Bitcoin?
  3. What are the good and bad things about such currency system?
  4. Do you agree that Bitcoin is the future of finance? Why or why not?
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