Elon Musk's Crypto Impact Quiz
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Questions and Answers

What was Elon Musk's reason for Tesla not accepting Bitcoin as payment?

  • Bitcoin mining uses too much fossil fuel (correct)
  • Bitcoin transaction fees are too high
  • Bitcoin is too volatile
  • Bitcoin is not secure enough
  • Which cryptocurrency rallied by about 20% after Elon Musk's tweet?

  • Bitcoin
  • Dogecoin (correct)
  • Litecoin
  • Ethereum
  • What did Elon Musk say about the use of fossil fuels for crypto?

  • He believes it is necessary for crypto to grow
  • He is against the use of fossil fuels for crypto (correct)
  • He has not expressed an opinion on the matter
  • He thinks it is a minor concern
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