Man throws away a lot of money - level 2
An IT technician used to have a hard drive. It was in his drawer for years, but he threw it away one day.
He probably forgot or didn’t care about the 7,500 bitcoins which were on it. Bitcoin is a digital currency which now has massively increased in value. The 7,500 bitcoins are worth millions. The man didn’t lose anything, but he didn’t gain anything either. He is devastated.
Bitcoin trades 24/7. Its value depends on people’s confidence in the currency. The value has increased, but you still cannot pay any major retailer web site with it.
Difficult words: devastated (extremely shocked and sad), confidence (trust), retailer (business that sells something).
You can read the original story and watch the video in the Level 3 section.
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