What is the primary benefit of Bitcoin for platforms like Cash App?
Square's Cash App Could Turn into a 'Super App' Like Alipay: BTIG

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing transaction fees
Enhancing security
User acquisition
Direct revenue generation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Cash App help the unbanked and underbanked?
By offering loans with low interest rates
By providing free financial advice
By providing quick access to stimulus checks
By offering high-interest savings accounts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does blockchain technology play for the unbanked?
It reduces the need for credit scores
It provides high-interest savings accounts
It offers a place to store money without a traditional bank
It offers free international transfers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant change occurred in 2020 regarding digital payments?
A decline in digital payment adoption
A massive acceleration in digital payment adoption
The introduction of new physical currencies
A decrease in online shopping
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is rolling out a central bank digital currency in preparation for the 2022 Olympic Games?
India
China
Germany
United States
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected relationship between traditional banks and fintech apps?
Partnerships
No interaction
Complete disintermediation
Hostile takeovers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential impact of apps like Cash App on traditional banks?
They may take customers away from traditional banks
They will only affect small banks
They will lead to the complete closure of banks
They will have no impact
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