Encrypted assets have become one of the themes of the BBC English course. This decision by the British National Television shows that digital currency is one step closer to the mainstream of society.
However, the content of this course does not touch on the most pressing issues in global monetary policy, and these issues may make Bitcoin very attractive.
The BBC has a tradition of offering a variety of courses for school-age children and adult learners. The English Language Department of its learning platform has just launched a new phase of their "6 Minute English Course" specifically for cryptocurrencies.
This cryptocurrency-focused English class is aimed at intermediate learners. Through a conversation, the digital currency is discussed in very easy-to-understand terms, without introducing many professional vocabulary.
The purpose of this course is to train the learner's listening. It is not an in-depth investigation of related topics, so the content is relatively basic. But it contains a simple definition of cryptocurrency.
This conversation pointed out that the word cryptocurrency is a composite word consisting of "crypto" (information protected by advanced computer code) and "currency" (currency). The final conclusion is:
"Cryptographic currency, in simple terms, is the code currency."
The digital currency mentioned in the course is only Bitcoin and Libra. In the BBC show "MoneyBox Live," financial journalist Jemima Kelly talked about Libra. She pointed out that the digital currency launched by Facebook is supported by legal tender, so it is "not a real cryptocurrency."
This view sparked a brief discussion of bitcoin monetary policy. However, this discussion does not involve technical content, nor does it have any criticism of the central bank. This is understandable. The focus of this discussion is on the volatility of crypto assets relative to fiat currencies, rather than their potential to change the world.
The volatility of cryptocurrencies such as Bitcoin has always been the focus, but in fact cryptocurrencies have some more interesting features. But given that cryptocurrencies have become a subject of the BBC curriculum, this suggests that the digital asset industry is moving toward the mainstream.
The attitude of the mainstream media towards cryptocurrencies seems to be changing. Typically, mainstream media such as the BBC inserts at least one piece of content related to financial crime or drug trafficking in every news report about cryptographic assets, which was not covered in the recently launched course.
Despite this, because media such as the BBC are more concerned about the risk of bitcoin investment, they will not praise Bitcoin like online books such as Metro. Metro published an article about bitcoin yesterday, although it was not described in detail, but it is encouraging that it has focused more on Bitcoin's hard currency policy and limited supply.