What characteristic makes a transaction a gamble according to the video?
The Economics of Bitcoin: Gambling

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Business
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7th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A positive expected return
A guaranteed profit
A neutral expected return
A negative expected return
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the hypothetical scenario, what is required to keep Bitcoin's price increasing?
Reducing the number of investors
Increasing the number of investors or their willingness to pay more
Decreasing the value of Bitcoin
Increasing the supply of Bitcoin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the video describe the market for Bitcoin compared to companies like Amazon or Apple?
Bitcoin is less risky than Amazon or Apple
Bitcoin has a stable market like Amazon or Apple
Bitcoin relies on new investors unlike Amazon or Apple
Bitcoin generates value like Amazon or Apple
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor that makes cryptocurrencies a negative sum market?
The increasing supply of Bitcoin
The decreasing demand for Bitcoin
The high costs of electricity and exchange fees
The stable value of Bitcoin
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What advice does the video give regarding investing in cryptocurrencies?
Invest without any research
Follow the advice of YouTubers
Invest as much as possible
Invest only if you understand the market
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