Libra and Bitcoin Are Apples to Oranges, Messari Founder Says

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial reaction on Twitter regarding Bitcoin's anticipated moment?
A significant price increase
A major regulatory crackdown
A general shrugging off
A new cryptocurrency launch
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker differentiate between Bitcoin and Libra?
Bitcoin is a new technology, while Libra is outdated
Bitcoin is government-backed, while Libra is not
Bitcoin is decentralized, while Libra is centralized
Bitcoin is a stable currency, while Libra is volatile
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential concern about Libra according to the co-founder of Ethereum?
It will be banned by regulators
It will replace Bitcoin
It might threaten the blockchain's fundamental nature
It could enhance blockchain technology
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which political ideology does Bitcoin appeal to according to the discussion?
Only government officials
A diverse range of ideologies
Only left-wing socialists
Only right-wing libertarians
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key reason for the diverse appeal of Bitcoin?
Its centralized nature
Its potential as a hedge against inflation
Its lack of technological innovation
Its association with big government
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant difference between Bitcoin and corporate blockchain applications?
Corporate applications are decentralized
Bitcoin is a speculative store of value
Bitcoin is used for supply chain management
Corporate applications require a currency
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of blockchain applications in corporate settings?
Replacing traditional banks
Decentralizing financial systems
Recording ownership and transactions
Creating new cryptocurrencies
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