Rep. Soto Expects Hearings on Facebook's Libra This Year

Rep. Soto Expects Hearings on Facebook's Libra This Year

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers a discussion on the blockchain caucus in Congress, its mission to promote technology and integrity, and the role of blockchain. It also delves into Facebook's cryptocurrency efforts, the legislative challenges they face, and the need for proper regulation. The conversation touches on privacy concerns related to big tech companies like Amazon and Facebook, and the ongoing efforts to create effective privacy legislation. Finally, it highlights the importance of education and hearings in Congress to address these complex issues.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does blockchain technology ensure integrity on the Internet?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the mission of the blockchain caucus in Congress?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Digital Taxonomy Act and the Token Taxonomy Act?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns of constituents regarding big tech companies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do established companies like Visa and MasterCard play in the discussion about cryptocurrency?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Congress face in regulating cryptocurrency?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the education of Congress members impact the legislation on cryptocurrency?

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