Cryptocurrency in Your Portfolio Is Important: Yeh

Cryptocurrency in Your Portfolio Is Important: Yeh

Assessment

Interactive Video

Business

University

Hard

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The video discusses the evolving sentiment towards cryptocurrencies, highlighting their resilience and growth since 2013. It examines the impact of central bank activities on crypto, particularly Bitcoin, as a hedge against inflation. The discussion also covers the role of cryptocurrencies in investment portfolios, emphasizing their potential as a store of value and a risk asset. Additionally, the video explores various use cases for crypto, including payments and remittances, and delves into the exciting developments in decentralized finance (DeFi), where traditional financial companies are beginning to adopt DeFi strategies for yield generation.

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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