How Trump Learned to Love Crypto

How Trump Learned to Love Crypto

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Bitcoin's significant growth, supported by Donald Trump's pro-crypto stance. It highlights Bitcoin's history, including its association with Silk Road and the FTX collapse. Trump's evolving views on crypto, his involvement in NFTs, and his political alignment with crypto enthusiasts are explored. The video also addresses regulatory challenges and the potential future of Bitcoin in the US, emphasizing the need for consumer protection amid Bitcoin's volatility.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant milestone for Bitcoin in the year discussed?

Bitcoin reached $50,000

Bitcoin was banned in the US

Bitcoin topped $100,000

Bitcoin was declared illegal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event marked a significant challenge for Bitcoin in its history?

The creation of Silk Road

The election of Donald Trump

The bankruptcy of FTX

The launch of Bitcoin ETFs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Donald Trump initially view Bitcoin?

As a government tool

As a promising investment

As a scam

As a stable currency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of Trump's first crypto projects?

Creating Non Fungible Tokens (NFTs)

Launching a new cryptocurrency

Investing in Bitcoin mining

Developing a crypto exchange

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern with the deregulated crypto market?

Stable market conditions

Consumer protection risks

Lack of investment opportunities

Increased government control

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Trump promise regarding the US and Bitcoin?

To ignore Bitcoin

To regulate Bitcoin heavily

To make the US a Bitcoin superpower

To ban Bitcoin

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk for average Americans in the crypto market?

Volatility and scams

Stable investments

Government protection

Guaranteed profits