A mansion in Notting Hill has been put up for sale - but the owners will only accept bids that are made in BITCOIN.

A mansion in Notting Hill has been put up for sale - but the owners will only accept bids that are made in BITCOIN.

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video explores Bitcoin's journey from a digital currency favored by hackers to a mainstream investment option. It highlights Bitcoin's creation by Satoshi Nakamoto, the blockchain technology that prevents double spending, and its significant value increase over time. The video also discusses the risks of Bitcoin as a potential bubble and the need for regulatory oversight to protect ordinary investors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Bitcoin initially popular for?

Buying groceries

Illegal activities on the dark web

Purchasing real estate

Paying taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is credited with releasing Bitcoin in 2009?

John Matonis

Vitalik Buterin

Satoshi Nakamoto

Elon Musk

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What problem did Bitcoin solve to ensure transaction integrity?

Double spending

Inflation

High transaction fees

Network congestion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern about Bitcoin's future?

It will replace all traditional currencies

It might be a financial bubble

It will become illegal worldwide

It will have no impact on the economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk for ordinary people investing in Bitcoin?

Possibility of losing savings

Guaranteed profits

Immediate wealth

No risk involved