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