Former SEC Chief Levitt to Advise 2 Bitcoin Companies

What was a key reason for Arthur's choice of BitPay?

• To compete with Apple Pay

• To increase Bitcoin's market value

• To reduce transaction fees

• To enhance transaction speed in the financial industry

How does Bitcoin's price volatility affect transaction volumes?

• Price changes have no effect

• Higher prices increase spending

• Lower prices increase spending

• Higher prices lead to more savings

What impact did Apple Pay have on Bitcoin interest?

• It led to a ban on Bitcoin

• It increased interest in Bitcoin

• It decreased interest in Bitcoin

• It had no impact

What is a potential benefit of Bitcoin technology mentioned in the transcript?

• It can eliminate all transaction fees

• It can be used only for online shopping

• It can provide an indisputable record of history

• It can replace all traditional currencies

What might trigger the next wave of interest in Bitcoin?

• Unique applications of Bitcoin technology

• A decrease in Bitcoin's price

• New government regulations

• A new competitor to Bitcoin