Cryptocurrency Has No Real Use | Web3 English Learning Day 17

🔥 Ongoing Challenge: 21-Day Web3 English Learning Plan

Updated every Monday, Wednesday, and Friday. Feel free to leave comments and check in!

🎧 Learning Steps

1️⃣ First Pass: Blind listening without subtitles

2️⃣ Second Pass: Listening and reading with English subtitles

3️⃣ Third Pass: Intensive listening with Chinese and English subtitles

The original video comes from Binance "Crypto Myths BUSTED: 6 Misconceptions That Need to Go / 6 Misconceptions About Virtual Currency" by @jessicasmw @币安Binance华语

📒 Study Notes

🔑 Key Vocabulary

skeptic: skeptic

inflation: inflation

utility: utility

scarcity: scarcity

niche: niche, specialized market

reserve: reserve, storage

asset: asset

🧩 Key Phrases

capped supply: capped supply

supply and demand: supply and demand

real-world use cases: real-world use cases

legitimate store of value: legitimate store of value

strategic reserve: strategic reserve

monopoly money: monopoly money

fiat currencies: fiat currencies

smart contracts: smart contracts

decentralized apps: decentralized apps

$BTC $ETH