Elon Musk and the Digital Currency Market Quiz
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Questions and Answers

What did Elon Musk announce about Tesla and Bitcoin?

  • Tesla will exclusively use Bitcoin for all its financial transactions
  • Tesla will accept payments in Bitcoin to support digital currency market
  • Tesla will not accept payments in Bitcoin due to environmental concerns (correct)
  • Tesla will start mining Bitcoin to increase its digital currency holdings
  • What did Elon Musk reveal about Dogecoin in his tweet?

  • He was criticizing Dogecoin for its lack of innovation
  • He was planning to acquire Dogecoin to support its market value
  • He was working with developers of Dogecoin to improve system transaction efficiency (correct)
  • He was considering Dogecoin as a potential payment method for Tesla
  • What impact did Elon Musk's tweets have on the digital currency market?

  • It had no significant impact on the digital currency market
  • It demonstrated his influence by affecting digital currency market movements (correct)
  • It led to an increase in the stability of the digital currency market
  • It caused a complete crash of the digital currency market
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