In this Business English lesson – Branson on Bitcoin you will learn about what some high-profile billionaires think of the crypto currency Bitcoin.
You will see what Bill Gates, Richard Branson, and Chamath Palihapitiya think of this currency.
Bitcoin has been a roller coaster for investors over that last few years. It was all the rage in 2017 bu came back down to earth in 2018.
Will it rise again in the future? Some people today seem to think that it is undervalued by as much as 50%.
Who knows? But one thing seems to be clear. The blockchain technology behind Bitcoin seems to be set to change the world.
When you finish watching, test your comprehension by doing the quiz on what Richard Branson had to say.
Have you had any experience with crypto currencies like Bitcoin?
Are they the currencies of the future, or are they modern-day scams and bubbles?
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Question 1 of 5
Richard Branson is a supporter of Bitcoin.Correct
Question 2 of 5
Branson doubts there will be more currencies like Bitcoin.Correct
Question 3 of 5
Branson thinks Bitcoin is too volatile for the average investor.Correct
Question 4 of 5
Branson accepts Bitcoin as a currency on his Virgin Galactic service.Correct
Question 5 of 5
Getting Virgin Atlantic off the ground has proven to be a challenge for Branson.Correct
Here’s another business English lesson for you to look at.
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