Bell Ringers

Bell Ringer: What is Cryptocurrency and How does it work?

What is Cryptocurrency and How does it work?

American Enterprise Institute Visiting Fellow Jim Harper discussed cryptocurrency and how cryptocurrency works.

Description

American Enterprise Institute Visiting Fellow Jim Harper discussed cryptocurrency and how cryptocurrency works.

Bell Ringer Assignment

  • Based on Mr. Harper's description, explain what cryptocurrency is?
  • How are e-money services like Venmo and PayPal different from cryptocurrency?
  • How can consumers obtain and spend cryptocurrency?
  • What are potential benefits and drawbacks of using cryptocurrency?

Additional Resources

Participants

Vocabulary

  • Bitcoin
  • Cryptocurrency
  • Cryptography
  • Digital Asset
  • Exchange
  • Hacking
  • Mining

Topics

Economics & Financial LiteracyScience & Technology

Grades

High SchoolUniversity