Introduction to Cryptocurrency and Ethical Decision Making in the Industry

The video tutorial explores the early days of Bitcoin and the rise of cryptocurrency, highlighting personal experiences and challenges faced in the crypto space. It delves into ethical considerations in trading, using a model by Dr. Bruce Weinstein. A significant trade is discussed, illustrating the risks and outcomes involved. The video concludes with an introduction to QuadrigaCX, a leading Canadian crypto exchange, and its features.

What was one of the earliest uses of Bitcoin?

• Buying a car

• Buying groceries

• Purchasing a pizza

• Paying for a hotel stay

What significant change occurred in the cryptocurrency market in 2017-2018?

• Cryptocurrency was banned in several countries

• Cryptocurrency became a new investment class

• Cryptocurrency prices stabilized

• Cryptocurrency was declared illegal

What role did the narrator take on in a cryptocurrency startup in January 2018?

• COO

• CFO

• CTO

• CEO

Which ethical principle is NOT part of Dr. Bruce Weinstein's model?

• Respect others

• Do no harm

• Make things better

• Be competitive

What was the narrator's response to the CEO's request for an $800,000 trade?

• Immediately placed the trade

• Ignored the request

• Refused to place the trade

• Requested written confirmation

What was a major challenge faced by the narrator when settling the $800,000 trade?

• Lack of internet access

• Technical issues with the trading platform

• Bank's reluctance to process the wire

• Inability to find a buyer

What feature does QuadrigaCX offer to facilitate cryptocurrency trading?

• 24/7 customer service

• Free trading for new users

• No transaction fees

• Guaranteed profit on trades