Bitcoin Could Go to $50,000 by End of 2020, Says Nexo’s Trenchev

Bitcoin Could Go to $50,000 by End of 2020, Says Nexo’s Trenchev

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Interactive Video

Business

University

Hard

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The video discusses Bitcoin's past growth and future potential, comparing it to historical currency trends. It explores the challenges of using Bitcoin as a payment method and its potential as digital gold. The role of central banks in digital currency development is examined, highlighting China's advancements. The video also covers crypto banking services, including lending and debit card usage.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of central banks engaging with digital currencies according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of China's advancements in digital currency as mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the banking services provided for the blockchain space?

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