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What is bitcoin
Term | Definition |
---|---|
asset | a valuable resource such as property, stocks, or cash |
to embrace | to accept enthusiastically |
volatility | tendency to change rapidly and unpredictably |
to plague | to cause difficulty over a period of time |
sure bet | something that is sure to take place |
to mint | to produce a coin for the government |
to conceive | to imagine |
peer-to-peer | able to share resources directly without the need for a centralized authority |
ransomware | a type of malicious software designed to block access to a computer system until a sum of money is paid |
to perpetrate | to commit a harmful action |
bull case | an optimistic outlook for a particular investment, asset, or market |
fluctuation | irregular rising and falling in number |
lucrative | producing a lot of money |
rally | public meeting of supporters |
scarce | not easy to get |
to plunge | to fall suddenly |
legal tender | money which is official country’s currency |
elevator pitch | a brief speech that outlines the idea of a product, service, or project |
traction | the extent to which a product gains popularity |