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in the news at the moment. It comes with several warnings from
technology and economics experts, who see investment in it as dangerous and insecure. But
what is Bitcoin really?
Bitcoin is the most famous type of cryptocurrency. A cryptocurrency is a currency, like
the British pound or the U.S. dollar, that only exists online in digital form. A cryptocurrency
25 it cannot be affected
is independent of any national or international (central) bank,
by the economic policies of any country.
As a result, making transfers in Bitcoin is extremely cheap, and no personal information
is recorded with any transaction. Bitcoin is almost completely untraceable, making it
anonymous. Recently, it has become mainstream as 26 people have invested in the
currency. In addition, more companies are offering services that can be paid for in Bitcoin.
Its value has therefore continued to increase dramatically as time goes on.
A beginner's guide to Bitcoin,
LearnEnglish Teens, February 2018 -
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Bitcoin is
25
a. somewhere
26
a. yet
a. more and more
c. almost no
b. anywhere
b. so
c. nowhere
c. where
b. less and less
d. only a few
9 -
d. everywhere
d. which