Ballet Founder and CEO on China's Crypto Crackdown

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Business
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Beijing's primary interest in regulating the cryptocurrency industry?
To promote the growth of Bitcoin
To compete directly with the US dollar
To achieve financial stability and promote the digital RMB
To encourage more people to invest in cryptocurrencies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might China consider banning cryptocurrency trading and mining?
To support the stock market
To reduce the value of the digital yuan
To increase the popularity of Bitcoin
To prevent excessive trading and societal unrest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is China's influence on the cryptocurrency market expected to change in the coming decade?
It will increase significantly
It will remain the same
It will fluctuate unpredictably
It will continue to decrease
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major risk for companies like Tesla when holding cryptocurrency?
Government incentives
Lack of public interest
Volatility and balance sheet adjustments
Stable value over time
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did Tesla decide to invest in Bitcoin despite its volatility?
To avoid taxes
To benefit from its expected appreciation
To quickly sell it for profit
To diversify its product line
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