Libra and Bitcoin Are Apples to Oranges, Messari Founder Says

Libra and Bitcoin Are Apples to Oranges, Messari Founder Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the reaction to Bitcoin and Libra on Twitter, comparing the two and their impact on regulation and the financial market. It explores Libra's potential threat to the US dollar and blockchain, the political implications of cryptocurrency, and the applications of blockchain technology in business. The video concludes with a discussion on Libra's regulatory strategy.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial reaction on Twitter regarding Bitcoin's anticipated moment?

A significant price increase

A major regulatory crackdown

A general shrugging off

A new cryptocurrency launch

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker differentiate between Bitcoin and Libra?

Bitcoin is a new technology, while Libra is outdated

Bitcoin is government-backed, while Libra is not

Bitcoin is decentralized, while Libra is centralized

Bitcoin is a stable currency, while Libra is volatile

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential concern about Libra according to the co-founder of Ethereum?

It will be banned by regulators

It will replace Bitcoin

It might threaten the blockchain's fundamental nature

It could enhance blockchain technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political ideology does Bitcoin appeal to according to the discussion?

Only government officials

A diverse range of ideologies

Only left-wing socialists

Only right-wing libertarians

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key reason for the diverse appeal of Bitcoin?

Its centralized nature

Its potential as a hedge against inflation

Its lack of technological innovation

Its association with big government

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant difference between Bitcoin and corporate blockchain applications?

Corporate applications are decentralized

Bitcoin is a speculative store of value

Bitcoin is used for supply chain management

Corporate applications require a currency

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of blockchain applications in corporate settings?

Replacing traditional banks

Decentralizing financial systems

Recording ownership and transactions

Creating new cryptocurrencies