Ten News Explains: Bitcoin 🤑

The Ten News, News For Curious Kids

Small But Mighty Media

Education For Kids, Kids & Family, News

4.4 • 702 Ratings

🗓️ 14 April 2022

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In today's episode: 🤑 The Ten News is mining for Bitcoin and Correspondent LizaBanks is here to break down the digital currency phenomenon of Cryptocurrency. ✔️ Fun Fact Check: How long have humans been using money? And, test your fake money knowledge on today's Trivia on the Ten. ✅ ✔️ Sign up for the Ten News Newsletter! 📧 Email us your curious facts, funny stories, and eye rolling jokes at: [email protected] 🎇 Follow the show on Instagram 🌍 Check out our website for sources and a transcript of today's episode! See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Money, money, money, money, money.
0:07.0	Money!
0:08.0	Money!
0:10.0	Oh boy.
0:11.0	Ryan, what are you doing to the wall?
0:14.0	Hey, Bethany. I'm mining for Bitcoin. Want to help?
0:17.0	No, no, no, Ryan. That is not the way you mine for Bitcoin.
0:24.6	Put the shovel down and back away.
0:29.6	Is it the future of money or is it a scam?
0:33.6	Today, the 10 News explains Bitcoin.
0:39.4	I'm Bethany Van Delft. It's Thursday, April 14th, and this is the 10 News.
0:56.7	So what is cryptocurrency and will it make you rich?
1:02.2	Ten News correspondent Liza Banks' compania is here to break down the digital currency phenomenon.
1:04.4	Hey, Tenors.
1:08.9	So, you might have heard the term cryptocurrency in the news in the past year or so,
1:11.7	and maybe some other terms that go along with it that are hard to understand like Bitcoin, the blockchain, or NFTs, aka non-fundable tokens. Have no fear. I'm here to
1:19.0	tell you all about cryptocurrency so that you can school your parents next time you hear them asking,
1:23.5	what even is a Bitcoin? Let's start from the beginning. Bitcoin is a digital currency that was invented by a person named Satoshi Nakamoto, whose identity
1:32.2	is a real-life mystery.
1:34.0	Nobody knows who Satoshi is.
1:36.3	Satoshi Nakamoto is a pseudonym for the real person or group of people who created Bitcoin.
1:41.5	Satoshi Nakamoto could be anyone in the world.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Small But Mighty Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Small But Mighty Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.