What is one major criticism of Bitcoin mining compared to traditional financial systems?
China's Inner Mongolia Declares War on Crypto Mining

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Business, 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 is slower in processing transactions.
It consumes a lot of energy.
It is less secure.
It is more expensive to operate.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend regarding China's share in global Bitcoin mining?
It is unpredictable.
It is decreasing.
It remains stable.
It is increasing.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which region is becoming a major player in Bitcoin mining due to institutional interest?
Africa
North America
Europe
South America
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is decentralization important for Bitcoin's value proposition?
It allows for faster transactions.
It prevents central authorities from manipulating the system.
It increases the number of available Bitcoins.
It reduces transaction fees.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the demographic of Bitcoin investors changed since the last rally?
From institutional to retail investors
From North American to Asian investors
From European to African investors
From retail to institutional investors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential regulatory risk for Bitcoin mentioned in the video?
A decrease in Bitcoin's value
A ban on Bitcoin mining in Europe
US government restrictions on Bitcoin trading
Increased transaction fees
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend among institutional investors regarding Bitcoin?
They are moving investments to other cryptocurrencies.
They are investing more in Bitcoin.
They are selling off their Bitcoin holdings.
They are avoiding Bitcoin due to high risks.
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