Will Digital Currencies Ever Go Mainstream?

Will Digital Currencies Ever Go Mainstream?

Assessment

Interactive Video

Created by

Quizizz Content

Business

University

Hard

The video discusses the speculative nature of money, its role as a store of value, and the concept of 'gold 2.0'. It highlights the prevalent use cases of money, focusing on stability, compliance, safety, and security. The discussion transitions to the ongoing shift towards digital payments and currencies, driven by the increasing digitalization of our lives. The video concludes by emphasizing the inevitability of central banks engaging with digital currencies.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common comparison made for speculative investment assets in the video?

Silver 2.0

Gold 2.0

Platinum 2.0

Diamond 2.0

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which aspect is mentioned as not fitting well with speculative investment assets today?

Compliance

Security

Value

Stability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome over time for speculative investment assets?

Unlocking of additional use cases

Stagnation in development

Increased physical presence

Decrease in use cases

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is driving the transition in the financial system according to the video?

Rise of traditional banking

Decrease in online activities

Realization of digital living

Increased physical transactions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the stance of major central banks on digital currencies as per the video?

They are distancing themselves

They are fully embracing them

They are banning them

They cannot ignore them