Ballet Crypto CEO Very Bullish on Bitcoin, Cryptocurrency

Ballet Crypto CEO Very Bullish on Bitcoin, Cryptocurrency

Assessment

Interactive Video

Business

University

Hard

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The video discusses Ethereum's transition from Proof of Work (POW) to Proof of Stake (POS), highlighting the anticipated benefits such as energy efficiency and decentralization. It compares POW and POS, explaining their roles in cryptocurrency consensus mechanisms. The video also explores the potential impact of Ethereum's upgrade on the crypto market, including price predictions and the possibility of Bitcoin adopting POS. Additionally, it addresses regulatory challenges, focusing on the crackdown on Tornado Cash and its implications for privacy and money laundering in the crypto space.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do regulators face when dealing with services like Tornado Cash?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do Bitcoin and Ethereum fundamentally differ in their purposes and functionalities?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential outcomes if Bitcoin were to switch to a proof of stake model?

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