Cryptocurrency in Your Portfolio Is Important: Yeh

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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the price of Bitcoin when the speaker first invested in it?
$60,000
$6,000
$600
$60
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Bitcoin function in relation to inflation?
As a hedge against inflation
As a cause of inflation
As a tool to increase inflation
As a means to stabilize inflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the combined market cap of Bitcoin and other cryptocurrencies mentioned?
$3 trillion
$2 trillion
$4 trillion
$1 trillion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage of cryptocurrencies over traditional stocks?
Higher minimum investment
Less market volatility
Lower minimum investment
More regulatory oversight
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant use case for cryptocurrencies mentioned in the discussion?
Long-term savings
Weekend banking
Payments and remittances
Stock trading
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of stablecoins in the context of cryptocurrency transactions?
They facilitate 24/7 transactions
They are not related to cryptocurrencies
They are used for speculative trading
They are only used for large transactions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the focus of decentralized finance (DeFi) as discussed?
Centralized banking
Traditional stock markets
Earning yields through staking
Government bonds
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