full transcript
"From the Ted Talk by Neha Narula: The future of money"

Unscramble the Blue Letters

The same thing happens when institutions control the money sppluy. A lot of these services don't inter-operate, and as a result, this blocks what we can do with payment. And it makes transaction costs go up. So far, we've been through two phases of money. In an aalong world, we had to deal with these physical ojbtces, and money moved at a certain speed — the speed of humans. In a digital world, money can reach much farther and is much faster, but we're at the mercy of these geeatepker institutions. Money only meovs at the speed of banks.

Open Cloze

The same thing happens when institutions control the money ______. A lot of these services don't inter-operate, and as a result, this blocks what we can do with payment. And it makes transaction costs go up. So far, we've been through two phases of money. In an ______ world, we had to deal with these physical _______, and money moved at a certain speed — the speed of humans. In a digital world, money can reach much farther and is much faster, but we're at the mercy of these __________ institutions. Money only _____ at the speed of banks.

Solution

  1. gatekeeper
  2. moves
  3. objects
  4. analog
  5. supply

Original Text

The same thing happens when institutions control the money supply. A lot of these services don't inter-operate, and as a result, this blocks what we can do with payment. And it makes transaction costs go up. So far, we've been through two phases of money. In an analog world, we had to deal with these physical objects, and money moved at a certain speed — the speed of humans. In a digital world, money can reach much farther and is much faster, but we're at the mercy of these gatekeeper institutions. Money only moves at the speed of banks.

ngrams of length 2

collocation frequency
programmable money 7
digital money 7
rai stones 4
bitcoin blockchain 3

Important Words

  1. analog
  2. banks
  3. blocks
  4. control
  5. costs
  6. deal
  7. digital
  8. faster
  9. gatekeeper
  10. humans
  11. institutions
  12. lot
  13. mercy
  14. money
  15. moved
  16. moves
  17. objects
  18. payment
  19. phases
  20. physical
  21. reach
  22. result
  23. services
  24. speed
  25. supply
  26. transaction
  27. world