Dorsey's BTrust Board on Expanding Crypto to Africa

Dorsey's BTrust Board on Expanding Crypto to Africa

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses conversations with Jack Dorsey about developing the Bitcoin ecosystem in Africa and India. The focus is on building trust and transparency, with a grant-based funding approach for developers. The project aims to mature the Bitcoin ecosystem, avoiding venture capital-style funding. Bitcoin is preferred due to its security and benefits like financial sovereignty and inflation hedging. The Lightning Network is highlighted for its role in enabling instant, low-cost cross-border payments, with future integration plans for companies like Twitter.

Read more

7 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the primary goals of the Bitcoin development ecosystem in Africa and India?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the importance of transparency in the Bitcoin initiative?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected approach to funding developers in the Bitcoin ecosystem?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker envision the deployment of funds in the Bitcoin ecosystem?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why does the speaker believe Bitcoin is preferred over other cryptocurrencies?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the benefits of Bitcoin mentioned in the text?

Evaluate responses using AI:

OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the Lightning network play in the future of Bitcoin transactions?

Evaluate responses using AI:

OFF