Bitcoin Is the Great Distraction: Franklin Templeton's Johnson

The video discusses the challenges and opportunities in cryptocurrencies, emphasizing that while Bitcoin often distracts from meaningful discussions, blockchain technology is a major disruptor in financial services. It highlights how blockchain can transform business models, citing examples of companies using it to create new revenue streams and efficiencies. The video also explores the potential of NFTs in sports and how blockchain can enable innovative business practices.

What is the main reason Bitcoin is considered a distraction in the financial services industry?

• It is not regulated by any government.

• It is not widely accepted as a payment method.

• It diverts attention from the real disruption caused by blockchain technology.

• It has a volatile market value.

How does blockchain technology primarily disrupt traditional business models?

• By increasing the number of intermediaries.

• By complicating data storage processes.

• By enhancing the efficiency of back-office operations.

• By reducing the need for digital currencies.

Which of the following is an example of a company using blockchain to reward users?

• A search engine that pays users in cryptocurrency.

• A social media platform that charges for posts.

• A streaming service that requires a subscription fee.

• An online retailer offering discounts for reviews.

What innovative revenue stream did the NBA explore using blockchain technology?

• Selling game tickets exclusively online.

• Creating a digital currency for fans.

• Selling NFT video clips.

• Launching a sports betting platform.

How can sports teams use blockchain to enhance fan engagement?

• By reducing ticket prices.

• By offering free merchandise.

• By providing tokenized ownership and exclusive content.

• By organizing more live events.