full transcript
"From the Ted Talk by Don Tapscott: How the blockchain is changing money and business"

Unscramble the Blue Letters

Well, in 2008, the financial industry csherad and, perhaps propitiously, an anonymous person or persons named Satoshi Nakamoto created a paper where he developed a protocol for a digital cash that used an underlying cryptocurrency called Bitcoin. And this cryptocurrency enabled people to establish trust and do transactions without a third praty. And this seemingly simple act set off a spark that igtnied the world, that has everyone excited or terrified or otherwise interested in many pceals. Now, don't be confused about Bitcoin — btiiocn is an asset; it goes up and down, and that should be of interest to you if you're a speculator. More barldoy, it's a crrpyeutrnoccy. It's not a fiat currency controlled by a nation-state. And that's of greater interest. But the real pony here is the underlying technology. It's called blockchain.

Open Cloze

Well, in 2008, the financial industry _______ and, perhaps propitiously, an anonymous person or persons named Satoshi Nakamoto created a paper where he developed a protocol for a digital cash that used an underlying cryptocurrency called Bitcoin. And this cryptocurrency enabled people to establish trust and do transactions without a third _____. And this seemingly simple act set off a spark that _______ the world, that has everyone excited or terrified or otherwise interested in many ______. Now, don't be confused about Bitcoin — _______ is an asset; it goes up and down, and that should be of interest to you if you're a speculator. More _______, it's a ______________. It's not a fiat currency controlled by a nation-state. And that's of greater interest. But the real pony here is the underlying technology. It's called blockchain.

Solution

  1. cryptocurrency
  2. bitcoin
  3. broadly
  4. party
  5. places
  6. crashed
  7. ignited

Original Text

Well, in 2008, the financial industry crashed and, perhaps propitiously, an anonymous person or persons named Satoshi Nakamoto created a paper where he developed a protocol for a digital cash that used an underlying cryptocurrency called Bitcoin. And this cryptocurrency enabled people to establish trust and do transactions without a third party. And this seemingly simple act set off a spark that ignited the world, that has everyone excited or terrified or otherwise interested in many places. Now, don't be confused about Bitcoin — Bitcoin is an asset; it goes up and down, and that should be of interest to you if you're a speculator. More broadly, it's a cryptocurrency. It's not a fiat currency controlled by a nation-state. And that's of greater interest. But the real pony here is the underlying technology. It's called blockchain.

ngrams of length 2

collocation frequency
bank account 4
intellectual property 3
financial industry 3
fair compensation 3
mobile device 3

Important Words

  1. act
  2. anonymous
  3. bitcoin
  4. blockchain
  5. broadly
  6. called
  7. cash
  8. confused
  9. controlled
  10. crashed
  11. created
  12. cryptocurrency
  13. currency
  14. developed
  15. digital
  16. enabled
  17. establish
  18. excited
  19. fiat
  20. financial
  21. greater
  22. ignited
  23. industry
  24. interest
  25. interested
  26. nakamoto
  27. named
  28. paper
  29. party
  30. people
  31. person
  32. persons
  33. places
  34. pony
  35. propitiously
  36. protocol
  37. real
  38. satoshi
  39. seemingly
  40. set
  41. simple
  42. spark
  43. speculator
  44. technology
  45. terrified
  46. transactions
  47. trust
  48. underlying
  49. world