A man named Nayib Bukele, who leads a country, is very happy because he used the country's money to buy something called Bitcoin. Now, the price of Bitcoin has gone up, so he has more money than he spent. He told people who didn't agree with him that they should say sorry. But some smart money people say it's too soon to be happy because what he did was very risky. Nayib has 2,764 Bitcoins, and right now, they are worth more money than he paid.
Nayib used $120 million of the country's money to buy Bitcoins. Some people don't think this is a good idea. They say the money could have been used for other important things. Even though Nayib spent a lot of money, not many people in his country use Bitcoin. Smart money people also say Nayib is not telling everyone how he is spending the money or how many Bitcoins he has. Nayib doesn't want to sell the Bitcoins, even though their price goes up and down.
Original news source: Bitcoin rally: Is El Salvador's Bitcoin bet paying off? (BBC)
π§ Listen:
π Vocabulary:
Group or Classroom Activities
Warm-up Activities:
– Charades
Instructions: Divide the class into two teams. Give each team a set of words related to the article (e.g. Bitcoin, money, risk, country, etc.). One student from each team will come up to the front and act out the word silently while their team tries to guess. The team with the most correct guesses wins.
– News Summary
Instructions: In pairs, students will take turns summarizing the article to their partner in their own words. Encourage them to include the main points and key details. After both partners have summarized, they can compare their summaries and discuss any differences or misunderstandings.
– Opinion Poll
Instructions: Create a simple opinion poll related to the article (e.g. "Do you think it was a good idea for Nayib to use the country's money to buy Bitcoin?"). Have students walk around the class and ask their classmates the question, recording their responses. Afterwards, they can share their findings with the class and discuss different perspectives.
– Vocabulary Pictionary
Instructions: Give each student a vocabulary word from the article (e.g. Bitcoin, risk, money, etc.). Students will draw a simple picture to represent their word without using any letters or numbers. They can then show their drawings to the class and have their classmates guess the word. This activity can also be done in pairs or small groups.
– Two Truths and a Lie
Instructions: Have each student come up with two true statements and one false statement related to the article (e.g. "Nayib spent $100 million on Bitcoin", "Bitcoin is the most popular cryptocurrency", "Nayib's decision was supported by all his citizens"). In small groups, each student takes turns sharing their three statements while the others try to guess which one is the lie. This activity encourages listening comprehension and critical thinking.
π€ Comprehension Questions:
Nayib Bukele is a man who leads a country.
Nayib Bukele is happy because the price of Bitcoin has gone up, so he has more money than he spent.
Nayib Bukele used the country's money to buy Bitcoins.
Some smart money people think what Nayib Bukele did was risky and it's too soon to be happy.
Nayib Bukele has 2,764 Bitcoins.
Nayib Bukele used $120 million to buy Bitcoins.
Some people don't think it was a good idea because they believe the money could have been used for other important things and not many people in his country use Bitcoin.
π§βοΈ Listen and Fill in the Gaps:
A man named Nayib Bukele, who leads a country, is very happy because he used the country's money to buy something . Now, the price of Bitcoin has gone up, so he has more money than he spent. He told people who didn't agree with him that they should say sorry. But some smart money people say it's too soon to be because what he did was very risky. has 2,764 Bitcoins, and right now, they are worth more money than he paid. Nayib used $120 million of the country's money to buy Bitcoins. Some people don't think this is a good . They say the money could have been used for other important . Even though Nayib spent a lot of money, not many people in his use Bitcoin. Smart money people also say Nayib is not telling everyone how he is spending the money or how many Bitcoins he has. Nayib doesn't want to sell the Bitcoins, even though their price up and down.
π¬ Discussion Questions:
1. What is Bitcoin?
2. How would you feel if you had more money than you spent?
3. Do you think it's a good idea to use a country's money to buy Bitcoin? Why or why not?
4. What other important things do you think the money could have been used for?
5. Do you like the idea of buying Bitcoin? Why or why not?
6. How do you think Nayib feels now that the price of Bitcoin has gone up?
7. Why do you think some people don't agree with Nayib's decision?
8. Do you think it's important for Nayib to tell everyone how he is spending the money? Why or why not?
9. How do you think Nayib feels about the price of Bitcoin going up and down?
10. What would you do if you had 2,764 Bitcoins?
11. Do you think Nayib should sell the Bitcoins? Why or why not?
12. How do you think Nayib would feel if the price of Bitcoin suddenly went down a lot?
Individual Activities
ππ Vocabulary Meanings:
Click a dot next to a word, then click the dot next to its meaning to draw a line connecting them.
Words
Meanings
π‘ Multiple Choice Questions:
π΅οΈ True or False Questions:
π Write a Summary:
Write a summary of this news article in two sentences.
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