Walmart-Litecoin Pact Hoax Jolts Crypto Market

Walmart-Litecoin Pact Hoax Jolts Crypto Market

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses a fake news incident about Walmart accepting Litecoin, which was later debunked. It explores accountability efforts, internal compliance changes, and the impact on Litecoin's market. The discussion extends to the usage and volatility of Litecoin, regulatory challenges in the crypto industry, and future plans for Litecoin's adoption through partnerships.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial reaction of the speaker upon hearing that Walmart was accepting Litecoin?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the nature of decentralized cryptocurrency in relation to fake news?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the speaker's thoughts on the accountability of those behind the fake news?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps did Global Newswire take after the fake news release?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What internal compliance changes does the speaker mention in response to the events?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current usage of Litecoin in payments according to the speaker?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What future plans does the speaker have for the Litecoin Foundation?

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