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Cryptocurrency: What you should know before you buy (Economy)

By Eden Gillespie https://www.sbs.com.au/news/the-feed/cryptocurrency-what-you-should-know-before-you-buy #B2+ #IELTS #Reading #SBS_AU #Business #Finance #Economy 1. Cryptocurrency /ˈkrɪptəʊˌkʌrənsɪ/ (n) a peer-to-peer digital currency that is validated by cryptography; a decentralized digital medium of exhchange which is created, regulated, and exchanged using cryptography and (usuall) open source software As Bitcoin breaches the $1000 mark for the first time, two experts on the crypto-currency clash over whether bust must follow boom. 2. Baby boomer (AE boomer) (n) a person born during a baby boom, especially after the Second World War One big unknown is whether fund managers and their baby boomer clients will panic if the market continues to drop. [Baby boom (n) a period when many more babies are born than usual There wa a baby boom in the UK and the US after the Second World War. The study defined parents aged 30 to 50 as being members of the baby boom generat...