Terra Blockchain to Split, Abandon Collapsed UST Stablecoin

Terra Blockchain to Split, Abandon Collapsed UST Stablecoin

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers a range of topics related to cryptocurrency, including Bitcoin's fixed supply and its investment potential, the Terra blockchain split, regulatory developments, and the influence of Andreessen Horowitz's crypto fund. It also discusses the impact of price fluctuations on institutional sentiment and the need for careful investment strategies.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a fundamental feature of Bitcoin that affects its price?

Its fixed supply

Its dependency on government policies

Its unlimited supply

Its centralized nature

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the proposed solution to the Terra blockchain disaster?

Splitting into Terra Classic and Luna Classic

Creating a new cryptocurrency

Shutting down the blockchain

Merging with another blockchain

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What ironic component is still crucial in decentralized systems?

Trust

Speed

Cost

Centralization

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to become commonplace within five years according to the discussion?

Cryptocurrency bans

Central Bank Digital Currencies

Decentralized exchanges

Blockchain-based voting systems

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main influence of Andreessen Horowitz in the crypto ecosystem?

Their substantial financial investments

Their regulatory power

Their technological innovations

Their educational programs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent market condition is described as 'frothy'?

High valuations and rapid hiring

Decreasing investor interest

Low trading volumes

Stable prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What needs to change for companies like MicroStrategy according to the discussion?

Their leadership

Their accounting principles

Their product offerings

Their marketing strategies