What is one potential long-term benefit of China's ban on Bitcoin mining?
China Crypto Crackdown Good for Bitcoin Long-Term: BitGo CEO

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Business, Physics, Science, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It will demonstrate Bitcoin's resilience to regulatory actions.
It will increase Bitcoin's value immediately.
It will reduce Bitcoin's global popularity.
It will make Bitcoin mining more environmentally friendly.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge for regulators regarding cryptocurrencies?
Understanding the technology behind cryptocurrencies.
Finding ways to ban cryptocurrencies globally.
Ensuring cryptocurrencies are only used for legal activities.
Making cryptocurrencies the only form of currency.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of the Galaxy acquisition?
To reduce the value of digital assets.
To focus solely on retail markets.
To make digital assets more accessible and ubiquitous.
To eliminate competition in the digital asset market.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the focus of digital asset markets shifted recently?
From institutional to retail markets.
From retail to institutional markets.
From global to local markets.
From digital to physical assets.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor in building confidence among institutional investors in digital assets?
Focusing only on Bitcoin.
Eliminating all regulatory challenges.
Combining technical and financial expertise.
Reducing the number of digital assets available.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for major incumbents regarding digital assets in the next 12 months?
They will completely avoid digital assets.
They will embrace digital assets in significant ways.
They will sell off all digital assets.
They will focus only on retail markets.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of combining the work of Galaxy and the other company?
To create a monopoly in the digital asset market.
To provide a comprehensive solution for institutional investors.
To focus solely on technological advancements.
To reduce the number of digital assets available.
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