What are the key characteristics that digital currencies need to have according to the discussion?
Digital Dollar Is a Necessity: Chavez

Interactive Video
•
Business, Social Studies
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Exclusive to sovereign states
Highly distributed and privacy-protecting
Immutable and slow
Centralized and transparent
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the speaker's prediction about the US dollar made 10 years ago?
It will become a digitally native asset
It will remain a physical currency
It will lose its value
It will be replaced by Bitcoin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What vulnerability in the payment system was highlighted during the COVID-19 pandemic?
Lack of digital payment options
Slow and outdated systems
Excessive transaction fees
Limited access to banking services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main challenge associated with stable coins?
They are stable until they are not
They are too volatile
They are not widely accepted
They are difficult to regulate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there a necessity for a digital dollar according to the discussion?
To reduce transaction times
To compete with Bitcoin
To ensure a claim on the US and Federal Reserve
To eliminate physical currency
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of international trade being priced in digital yuan?
Frictionless exchange
Increased transaction fees
Reduced privacy
Limited global acceptance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a critical factor for people to hold digital yuan according to the discussion?
Government subsidies
High interest rates
Cryptographically guaranteed privacy
Trust in the issuing government
Similar Resources on Quizizz
8 questions
JPMorgan Payments Head Sees Promise in 'Deposit Tokens'

Interactive video
•
University
6 questions
Jump in Cryptocurrencies Is Just the Tip of the Iceberg, BitPay's Singh Says

Interactive video
•
University
6 questions
Bitcoin's 2020 Rally

Interactive video
•
University
4 questions
China and Cryptocurrencies

Interactive video
•
University
6 questions
Facebook Digital Coin Could 'Double or Triple' Crypto Users: Blockchain Capital

Interactive video
•
University
6 questions
Bitcoin Is Not Money, Pimco's Crescenzi Says

Interactive video
•
University
6 questions
Fed to Issue Report on U.S. Digital Currency

Interactive video
•
University
8 questions
Digital Dollar Is a Necessity: Chavez

Interactive video
•
University
Popular Resources on Quizizz
10 questions
Chains by Laurie Halse Anderson Chapters 1-3 Quiz

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
15 questions
Character Analysis

Quiz
•
4th Grade
12 questions
Multiplying Fractions

Quiz
•
6th Grade
30 questions
Biology Regents Review #1

Quiz
•
9th Grade
20 questions
Reading Comprehension

Quiz
•
5th Grade
20 questions
Types of Credit

Quiz
•
9th - 12th Grade
50 questions
Biology Regents Review: Structure & Function

Quiz
•
9th - 12th Grade
Discover more resources for Business
10 questions
Identifying equations

Quiz
•
KG - University
16 questions
Chapter 8 - Getting Along with your Supervisor

Quiz
•
3rd Grade - Professio...
6 questions
Railroad Operations and Classifications Quiz

Quiz
•
University
71 questions
Logos

Quiz
•
3rd Grade - University
8 questions
Mali - Geography

Quiz
•
University