One More Thought: Lost Bitcoin Fortunes

One More Thought: Lost Bitcoin Fortunes

Assessment

Interactive Video

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Quizizz Content

Business

University

Hard

The video discusses Bitcoin's significant rise in value, reaching over $40,000, and its growing acceptance by major companies like PayPal. Despite debates about its legitimacy, experts like Scott Minerd predict its value could reach $400,000. However, a major issue is the security of Bitcoin, as losing passwords can result in lost fortunes, with 20% of Bitcoin currently inaccessible. The video highlights stories of individuals who have lost access to millions due to forgotten passwords or misplaced hard drives.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current value of Bitcoin mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the acceptance of Bitcoin?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What problem do investors face regarding their Bitcoin?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of remembering your password in relation to Bitcoin?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How much Bitcoin is reported to be lost or misplaced?

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