US Government and Cryptocurrency

美國政府與加密貨幣


Introduction

The US government likes cryptocurrency. However, the prices of these digital coins are still going down.

美國政府喜歡加密貨幣。然而,這些數位貨幣的價格仍在下跌。

Main Body

The government wants to help crypto companies. They have new leaders and new laws. These laws try to make the rules clear for big banks.

政府希望幫助加密貨幣公司。他們有了新的領導者與新法律。這些法律試圖為大型銀行釐清規則。

The President and his family made $1.4 billion from crypto. They took cash and did not take big risks. But many normal people lost $3.8 billion on a coin called TRUMP.

總統及其家人從加密貨幣中獲利 14 億美元。他們採取現金操作且未承擔大風險。但許多普通人在一種名為 TRUMP 的代幣上損失了 38 億美元。

Bitcoin mining uses a lot of electricity. Now it is not cheap. Some companies are moving to AI instead. Many people now use Bitcoin for gambling, not for saving money.

比特幣挖礦消耗大量電力。現在成本不再低廉。部分公司已轉向 AI。許多人現在將比特幣用於賭博,而非儲蓄。

Conclusion

The US wants to be the leader in crypto. But the market is still not stable.

美國希望成為加密貨幣的領導者,但市場依然不穩定。

Vocabulary Learning

💡 The 'Action' Pattern: How to describe what people and groups do

In this text, we see a simple pattern: Who \rightarrow Does what.

1. Simple Actions (Present Tense)

  • The government \rightarrow wants to help.
  • Bitcoin mining \rightarrow uses electricity.
  • Companies \rightarrow are moving to AI.

2. Past Actions (What happened)

  • They \rightarrow made money. (Now \rightarrow Make)
  • People \rightarrow lost money. (Now \rightarrow Lose)
  • They \rightarrow took cash. (Now \rightarrow Take)

3. Vocabulary for A2 Stability

  • Stable = Not changing / Safe \rightarrow The market is not stable.
  • Leader = The top person/country \rightarrow The US wants to be the leader.
  • Clear = Easy to understand \rightarrow The rules are clear.

Vocabulary Learning

cryptocurrency (n.)
Digital money that uses computer code for security
Example:Bitcoin is a popular type of cryptocurrency.
laws (n.)
Official rules made by the government
Example:The city has laws against parking here.
risks (n.)
Possibilities that something bad or dangerous might happen
Example:Investing all your money in one coin is a big risk.
electricity (n.)
Power that makes lights and machines work
Example:The storm cut off the electricity in our house.
gambling (n.)
Playing games for money where you might lose it
Example:Gambling can be very dangerous for your money.
stable (adj.)
Not changing quickly; steady
Example:The price of the coin is finally stable.
Practice A2 words in a crossword