Failed Terra Stablecoin Rescue Costs $2.9B

What distinguishes algorithmic stable coins from those backed by U.S. dollar reserves?

• Algorithmic stable coins are only used in the U.S.

• Algorithmic stable coins are more stable than reserve-backed coins.

• Algorithmic stable coins rely on algorithms rather than reserves.

• Algorithmic stable coins are backed by gold.

What is the primary focus in the restructuring of the crypto ecosystem?

• Reducing transaction fees.

• Developing new blockchain technologies.

• Prioritizing retail investors.

• Increasing the value of cryptocurrencies.

Why is sensible regulation important in the crypto industry?

• To increase the price of cryptocurrencies.

• To protect consumers and provide certainty.

• To ensure only large investors can participate.

• To eliminate all risks associated with crypto.

What is the role of regulatory bodies in the crypto space?

• To focus only on Bitcoin.

• To ban all cryptocurrencies.

• To ensure all cryptocurrencies are the same.

• To provide different rules for different cryptocurrencies.

What is the expected outcome of Ethereum's merge?

• Ethereum will transition to proof of stake.

• Ethereum will reduce its market share.

• Ethereum will achieve instant settlement.

• Ethereum will become obsolete.

How does Avalanche compare to Ethereum in terms of scalability?

• Avalanche is not focused on scalability.

• Avalanche and Ethereum have the same scalability.

• Avalanche has already achieved scalability that Ethereum aims for.

• Avalanche is less scalable than Ethereum.

What is the benefit of market downturns for quality crypto products?

• They lose market share.

• They gain market share and innovate.

• They stop all operations.

• They become obsolete.