Maxine Waters Voices Concerns Over Facebook’s Proposed Cryptocurrency

Maxine Waters Voices Concerns Over Facebook’s Proposed Cryptocurrency

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers a discussion on Facebook's digital currency, Libra, and the concerns surrounding its regulation and potential competition with the American dollar. It highlights the skepticism from authorities, the need for further investigation, and the political context involving calls for impeachment of the President.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is David Marcus and what role does he play in relation to Facebook's digital currency?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding the regulation of digital currencies during the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the White House's skepticism towards digital currencies?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the chairwoman say about the importance of understanding digital currencies before deciding on regulation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps did the committee plan to take in investigating digital currencies?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response of the chairwoman regarding the use of Libra?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the chairwoman express her feelings about the American dollar in comparison to Libra?

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