Go Shopping, Get Bitcoin

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Business
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University
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Hard
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the significance of the Coinbase IPO for the cryptocurrency market?
It decreased the value of Bitcoin.
It was a validator for the legitimacy of cryptocurrency companies.
It led to the banning of cryptocurrencies.
It had no impact on the market.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are digital natives expected to influence cryptocurrency portfolios?
They will avoid cryptocurrencies entirely.
Their portfolios will resemble those of their grandparents.
They will diversify their portfolios to include cryptocurrencies.
They will only invest in traditional stocks.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might consumers prefer Bitcoin over traditional currencies?
Bitcoin is a better store of value.
Bitcoin is more inflationary.
Traditional currencies are more stable.
Bitcoin transactions are slower.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do stable coins play in the cryptocurrency market?
They increase transaction fees.
They make transactions more efficient.
They are not used for transactions.
They are less secure than traditional currencies.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant barrier to cryptocurrency adoption among women?
Preference for cash transactions.
Higher risk aversion compared to men.
Lack of interest in technology.
Limited access to the internet.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Lolly aim to make Bitcoin more accessible to women?
By offering high-risk investment options.
By limiting access to male users.
By integrating Bitcoin rewards into everyday shopping.
By requiring extensive financial knowledge.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the core mission of Lolly in the context of cryptocurrency?
To replace all traditional currencies with Bitcoin.
To make Bitcoin exclusive to tech-savvy users.
To increase Bitcoin's market value.
To make Bitcoin accessible to everyone.
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