What was the catalyst effect mentioned in relation to President G's comments?
BC Group's Chapman on China's Blockchain Push

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A decline in cryptocurrency values
A boost in blockchain-related stocks and public blockchain
An increase in gold prices
A rise in traditional stock markets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When did China ban Bitcoin, and what has the PBOC been developing since?
2010; a private blockchain for banks
2013; a state-issued digital currency
2015; a cryptocurrency exchange
2018; a digital wallet for citizens
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for digitalizing a sovereign currency?
To reduce inflation
To improve tax collection
To better facilitate international trade
To increase the value of the currency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a controversial aspect of digital-based fiat currencies?
They increase the use of physical cash
They enhance privacy for users
They raise concerns about control and privacy
They are not recognized by any government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main technological advantage of blockchain-based digital tokens?
They are only used for small transactions
They provide untempered ability and private key management
They require no internet connection
They are easily hackable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a centralized digital currency differ from Bitcoin?
It is decentralized and not controlled by any central authority
It is based on a gold standard
It is controlled by a central bank or government
It is used only for international transactions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential impact could a digital renminbi have on global currency dynamics?
It could immediately become the world's favorite currency
It could lead to increased currency wars
It could eliminate the need for other digital currencies
It could reduce the value of the US dollar
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