Millennial Traders Flee Banking to Chase Riches in Crypto

Millennial Traders Flee Banking to Chase Riches in Crypto

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the growing interest of millennials in Bitcoin and cryptocurrencies, partly due to the financial opportunities they present. It highlights the impact of the 2008 financial crisis on the banking industry, leading to a shift towards regulatory practices. This shift left many finance professionals seeking new opportunities, which they found in the emerging crypto markets. The video provides an overview of the crypto market's growth, its current market cap, and the potential for regulation due to security concerns and increasing retail investor involvement.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor that led millennials to become interested in Bitcoin?

The excitement of regulatory stories

The stability of traditional banking

The financial crash of 2008

The decline of the stock market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the financial crash of 2008 impact young professionals in the banking industry?

It provided them with more opportunities

It led to a more exciting market

It resulted in a regulatory environment

It increased their salaries

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the approximate market capitalization of all cryptocurrencies at its peak in December or early January?

$500 billion

$700-800 billion

$1 trillion

$300 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a major concern for regulators regarding cryptocurrencies?

Limited market growth

High transaction fees

Instances of theft and fraud

Lack of interest from investors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are regulators paying more attention to cryptocurrencies?

Because of the stability of the crypto market

Because of the decrease in market cap

Due to the involvement of retail investors

Owing to the lack of technological advancements