{"id":5511,"date":"2017-06-05T12:31:00","date_gmt":"2017-06-05T12:31:00","guid":{"rendered":"https:\/\/blog.gymglish.com\/2017\/06\/05\/bit-the-word-of-the-month-may-2017\/"},"modified":"2021-04-02T17:11:20","modified_gmt":"2021-04-02T15:11:20","slug":"bit-the-word-of-the-month-may-2017","status":"publish","type":"post","link":"https:\/\/blog.gymglish.com\/de\/2017\/06\/05\/bit-the-word-of-the-month-may-2017","title":{"rendered":"BIT: The Word of the Month May 2017"},"content":{"rendered":"\n

Every month, we take a look at a word in the headlines, in English, for your English. See more at The Word of the\u00a0Month<\/a>.<\/h4>\n\n\n\n
\"\"\/<\/figure>\n\n\n\n\n\n\n\n

Definition<\/h3>\n\n\n\n

A bit (noun)<\/strong>: a small amount<\/p>\n\n\n\n

Also<\/strong>: a binary digit (0 or 1)<\/p>\n\n\n\n

Don\u2019t confuse with: <\/em>A computer byte<\/strong> (1 byte = 8 bits). Past tense of \u2018to bite\u2019. Ex: I <\/em>bit<\/em><\/strong> my dog to show dominance.<\/em><\/p>\n\n\n\n

Bits in the News<\/h3>\n\n\n\n

In May, a massive cyberattack hit computers, encrypting data unless a ransom was paid, in bitcoins<\/strong>.<\/p>\n\n\n\n

Though the hack<\/a> affected 200,000 computers in 150 countries, only 28.29 bitcoins were reportedly paid ($70k). A bit<\/strong> disappointing.<\/p>\n\n\n\n

What\u2019s a bitcoin?<\/h3>\n\n\n\n

Created by Scrooge McDuck<\/a> Satoshi Nakamoto (pseudonym), and inspired by anarchist ideals in defiance of central banks, bitcoins are an encrypted digital currency using a borderless network based on computing power, verified by nodes, recorded in blockchains. They are minted and mined by investing electricity. Following? (Not following? Check <\/em>Wikipedia<\/em><\/a>)<\/em><\/p>\n\n\n\n

Pros and co(i)ns<\/h3>\n\n\n\n

Coins
Pros<\/strong>: Real
Cons<\/strong>: Heavy<\/p>\n\n\n\n

Bitcoins
Pros<\/strong>: Don\u2019t get lost in couch
Cons<\/strong>: They\u2019re a bit<\/strong> too complicated<\/p>\n\n\n\n

Take a look through our <\/em>Word of the Month<\/em><\/a> archives, or improve your English with <\/em>gymglish.com<\/em><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Every month, we take a look at a word in the headlines, in English, for your English. See more at The Word of the\u00a0Month.<\/p>\nWeiterlesen...<\/a>","protected":false},"author":151524248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[670779304,670779305,670779286,670779288,670779284,670779283],"class_list":["post-5511","post","type-post","status-publish","format-standard","hentry","tag-bit-de","tag-bitcoin-de","tag-english-de","tag-language-de","tag-word-of-the-month-de","tag-words-de","col-xs-12 col-sm-6 col-md-4"],"yoast_head":"\nBIT: The Word of the Month May 2017 - The Gymglish blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.gymglish.com\/de\/2017\/06\/05\/bit-the-word-of-the-month-may-2017\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIT: The Word of the Month May 2017 - The Gymglish blog\" \/>\n<meta property=\"og:description\" content=\"Every month, we take a look at a word in the headlines, in English, for your English. 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