What was one of the main reasons for the recent surge in Bitcoin prices?
Bitcoin Hits Record as Mastercard, BNY Mellon Embrace Crypto

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Business, Architecture
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A new government regulation
A new competitor in the market
MasterCard and BNY Mellon's support
A decrease in mining costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Tesla contribute to the mainstream acceptance of Bitcoin?
By banning its use in their transactions
By investing $1.5 billion in Bitcoin
By creating a new cryptocurrency
By partnering with a major bank
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential outcome of the mainstream acceptance of Bitcoin?
A decrease in its value
Increased volatility
A perfect storm for higher prices
A ban by major governments
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Sheila Bair's stance on Bitcoin?
She thinks it will replace traditional currency
She believes it is a safe investment
She supports its use for everyday transactions
She warns about its high volatility
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern did Janet Yellen express about cryptocurrencies?
They are too stable
They are a growing problem due to misuse
They are too easy to regulate
They are not popular enough
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