Bitcoin’s 9,000,000% Rise

Bitcoin’s 9,000,000% Rise

Assessment

Interactive Video

Business

University

Hard

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The video discusses the rise of Bitcoin, highlighting its impressive growth and the skepticism it has faced. Initially seen as a potential replacement for traditional currency, Bitcoin's narrative has shifted towards being viewed as digital gold. Despite its high value, Bitcoin has not become a common medium for daily transactions. The video also touches on the development of other cryptocurrencies, particularly in countries like China, which are exploring digital currencies for transactions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the challenges faced by Bitcoin in becoming a widely accepted currency.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some alternatives to Bitcoin that are being developed for digital transactions?

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