There Are Many 'On-Ramps' Now for Bitcoin: Celsius Network Founder

There Are Many 'On-Ramps' Now for Bitcoin: Celsius Network Founder

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy mentioned for investing in Bitcoin?

Investing all at once to catch the lowest price

Diversifying and buying over time

Avoiding Bitcoin due to high risk

Only investing in altcoins

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the accessibility of Bitcoin changed in recent years?

It has become more difficult to access

It remains the same as in 2017

It has become easier with platforms like PayPal and Cash App

It is only accessible through traditional banks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a challenge in predicting Bitcoin's future value?

The fixed supply of Bitcoin

The stability of the US dollar

The lack of historical data

The unpredictability of seller behavior at certain price points

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major difference between Bitcoin and fiat currency mentioned?

Bitcoin is backed by gold

Both are considered experiments in their own ways

Bitcoin is an experiment, while fiat currency is stable

Fiat currency is not subject to inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of Ethereum as mentioned in the transcript?

Replacing Bitcoin

Underlying blockchain for other networks

Generating yield

Store of value