Crypto Explained

Crypto Explained

Crypto Explained with Bananas

• Which part of the video was easiest to understand? Which was hardest?

• What new idea about crypto surprised you most?

• Do you think the monkey example makes crypto clearer? Why or why not?

Match

Match to make collocations.

• trade

• transaction

• process

• market

• hold

cryptocurrency

fees

transactions

value

Bitcoin

• cryptocurrency

• fees

• transactions

• value

• Bitcoin

Match

Match to make collocations.

• Bitcoin

• run on

• high risk

• accept

• secure

market

blockchain technology

investment

crypto

network

• market

• blockchain technology

• investment

• crypto

• network

Match

Match to make collocations.

• digital

• growing

• volatile

• record

• invest in

currency

popularity

prices

transactions

Bitcoin

• currency

• popularity

• prices

• transactions

• Bitcoin

Drag and Drop

Discussing the market

A: Have you seen the Bitcoin market lately?
B: Yeah, the ​

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prices are crazy this week.
A: Some people just ​

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Bitcoin and wait for the market ​

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to rise.
B: Makes sense, but it’s still a ​

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investment.
A: True, but that’s part of the appeal for investors.

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popularity of Bitcoin is making more people curious.

Drag these tiles and drop them in the correct blank above

volatile

hold

value

high-risk

growing

Drag and Drop

How it works and transactions

A: I don’t really understand how Bitcoin works.
B: It ​

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on blockchain technology, which helps ​

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transactions securely.
A: Oh, so the system can process ​

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without a bank?
B: Exactly. Just remember, there are usually small transaction ​

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.
A: And the ​

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network makes it trustworthy, right?
B: Yep, that’s why more merchants ​ accept crypto nowadays.

Drag these tiles and drop them in the correct blank above

runs

record

transactions

fees

secure

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Buying, risks, and adoption

A: I’m thinking about ​

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in Bitcoin.
B: Just remember it’s a high-risk ​

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.
A: Yeah, I know the volatile ​

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can be stressful.
B: If you hold Bitcoin long-term, it might pay off, though.

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currency.
B: Plus, more businesses are starting to​

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crypto, which is encouraging.

Drag these tiles and drop them in the correct blank above

investing

prices

investment

digital

accept

TASK Imagine you are explaining crypto to a friend who knows nothing about it.
.

• Use simple, clear language.

• Include these points:

  • what crypto is;

  • how transactions work;

  • blockchain;

  • mining;

  • risks and volatility;

  • growing popularity.

• Is crypto more similar to money or to an investment?

• Is it a problem that no one controls the system? Do you think governments should?

• Are the disadvantages more serious than the advantages?

• Why do you think many people still prefer traditional money?

• Do you trust technology more or less than banks?