Bitcoin

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Bubble

sth that exceeds its fundamental value

to surge

to grow bigger, a large increase

a scammer

a person who commits fraud

sweeping

wide in range

blockchain

an advanced database equipment that allows information sharing in a business network.

tendencies

an tendency to a particular characteristic.

cryptocurrency

digital currency, which is an alternative form of payment

grasp

seize and hold firmly.

construction

building a large structure

monopolies

selling a unique product in the market, by a single seller

akin

related by blood

wildcat

established in inaccessible locations

a fraction

a tiny amount of something, not a whole number

a medium

agency or means of doing something.

Cautionary

serving as a warning

market capitalization

total value of a company's shares of stock

utility

the state of being useful

obscurity

the state of being unknown

to sidestep

avoid something by stepping sideways

digital currency

a medium of exchange that is generated, stored and transferred electronically.

crook

a person who is dishonest or a criminal.

parliament

a system of government having the real executive power vested in a cabinet.

for good measure

in addition to what has already been done or said

an asset

an item of property, that has value, owned by a person or company

encrypted

convert into a code

inception

an act, process, or instance of beginning

banknotes

a piece of paper money that shows a stated sum that central bank has to pay to the bearer

boom and bust

an alternation of prosperity and depression.

specifically

alternate periods of high and low levels of economic activity in the business cycle

central bank

a national bank that provides financial and banking services for its country's government and commercial banking system