VOICED : El bitcoin en crisis

VOICED : El bitcoin en crisis

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses a crisis in the Bitcoin world triggered by the closure of the Japanese exchange platform Empty Gox, which led to a significant drop in Bitcoin's value and investor concerns. The whereabouts of $300 million managed by Empty Gox are unknown. Despite the crisis, Bitcoin stakeholders are working to reassure the public about the security of funds. Historically, Bitcoin has faced scrutiny from authorities, especially in China and Russia, and has been associated with illegal activities, such as those on the Silk Road website. The currency's volatility has also been a concern for financial institutions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event led to the recent crisis in the Bitcoin market?

The launch of a new cryptocurrency

The closure of the Japanese exchange platform Empty Gox

A major hack on a Bitcoin wallet

A government ban on Bitcoin

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did major Bitcoin players respond to the Empty Gox incident?

They decided to shut down all Bitcoin exchanges

They issued a joint statement condemning Empty Gox's actions

They increased the transaction fees for Bitcoin

They ignored the incident completely

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What assurance did Bitcoin leaders provide to the public after the Empty Gox crisis?

They guaranteed the safety of funds through coordinated actions

They promised to double the value of Bitcoin

They announced a new Bitcoin regulation policy

They offered refunds to all affected investors

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries' authorities have scrutinized Bitcoin in the past?

India and Brazil

Germany and France

United States and Canada

China and Russia

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact of the Silk Road case on Bitcoin's image?

It improved Bitcoin's reputation as a secure currency

It had no impact on Bitcoin's image

It tarnished Bitcoin's image due to its use in illegal activities

It led to a surge in Bitcoin's value