Bitcoin Surges to Outperform Gold, Stocks

Bitcoin Surges to Outperform Gold, Stocks

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses Bitcoin's role in the global economy, particularly its trading dominance in China and its perception as a safe store of value. It highlights regulatory concerns in the Philippines and the increasing difficulty of Bitcoin mining, which limits supply. The video also explores Bitcoin's use as a reserve currency, its growing acceptance in the US, and its potential application in the securities industry, despite anonymity issues. Blockchain technology is seen as a promising solution for various industries.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for Bitcoin's increasing value in China?

The Chinese economy is declining.

Bitcoin is being used to buy real estate.

Bitcoin is seen as a way to store and move money.

The Chinese government is promoting Bitcoin.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Bitcoin's supply considered limited?

It is regulated by the government.

The mining process becomes more difficult over time.

There is a fixed number of Bitcoin that can be mined each year.

Bitcoin is only available in certain countries.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the US Federal Reserve's policy affected Bitcoin?

It has had no impact on Bitcoin.

It has decreased Bitcoin's value.

It has contributed to Bitcoin being seen as a safe haven.

It has made Bitcoin illegal in the US.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential use case for Bitcoin in the securities industry?

To eliminate the need for brokers.

To create new stocks.

To replace traditional currency.

To facilitate the settlement of trades.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does Bitcoin's anonymity present?

It limits Bitcoin's supply.

It increases the cost of Bitcoin.

It complicates its use in the securities industry.

It makes Bitcoin less popular.