bank Archives - Teaching Kids News Readable, teachable news. Sun, 19 Mar 2023 21:42:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://teachingkidsnews.com/wp-content/uploads/2020/01/cropped-TKN_square_blk-32x32.jpg bank Archives - Teaching Kids News 32 32 Silicon Valley Bank (SVB) Shut Down https://teachingkidsnews.com/2023/03/19/silicon-valley-bank-svb-shut-down/ Sun, 19 Mar 2023 21:41:29 +0000 https://teachingkidsnews.com/?p=21261 Silicon Valley Bank (SVB) was recently shut down. Here's a simplified explanation.

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“Bitcoin” Is A New Type Of Money https://teachingkidsnews.com/2013/04/24/1-bitcoin-is-a-new-type-of-currency/ https://teachingkidsnews.com/2013/04/24/1-bitcoin-is-a-new-type-of-currency/#comments Thu, 25 Apr 2013 01:00:15 +0000 https://teachingkidsnews.com/?p=10130 Bitcoin sounds like what it is--a type of money.

But it’s a special kind of money that could not exist without the Internet. It is digital and virtual; people can’t carry it around in their pockets or keep it in a bank.

Despite these differences from traditional money, there are places around the world that are starting to accept bitcoins to pay for things.

Some restaurants and shops in New York and San Francisco accept bitcoins, and so does WordPress, a blogging website.

A man in Alberta is offering to sell his house for bitcoins instead of Canadian dollars.

Bitcoins have been around for a few years but are becoming more popular.

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