Bitcoin Creator Unmasked...But There Are Questions

Bitcoin Creator Unmasked...But There Are Questions

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses Craig Wright's claim of being Satoshi Nakamoto, the creator of Bitcoin. Wright provided technical evidence, but skepticism remains about his control over the original Bitcoin keys. Wright's motivation for revealing his identity is to protect his privacy and that of his associates. The transcript also explores the implications of Wright's claim on the Bitcoin market and the future of Bitcoin. Additionally, it highlights the potential of blockchain technology, as demonstrated by NASDAQ's exploration of digital asset transactions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What evidence did Craig Wright present to support his claim of being Satoshi Nakamoto?

A public announcement on social media

A signed letter from Gavin Anderson

Original encryption keys from early Bitcoin transfers

A video confession

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Craig Wright say he decided to reveal his identity?

To sell his Bitcoin holdings

To influence Bitcoin's market price

To gain fame and recognition

To protect his friends, family, and staff from difficulties

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's main interest regarding Wright's alleged Bitcoin holdings?

Whether he will sell them and to whom

If he will destroy them to reduce Bitcoin supply

If he will use them to start a new cryptocurrency

Whether he will donate them to charity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What revolutionary potential did NASDAQ officials find in blockchain technology?

It can eliminate all transaction fees

It can predict market trends

It can instantly execute and settle trades with digital assets

It can create new cryptocurrencies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern about Bitcoin mentioned in the transcript?

Its slow transaction processing speed

Its lack of support from financial institutions

Its association with illegal activities and money laundering

Its inability to be used for online purchases