Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What was the reason cited by Elon Musk for Tesla not accepting payments in Bitcoin?
What was the reason cited by Elon Musk for Tesla not accepting payments in Bitcoin?
- Rapidly increasing use of fossil fuels for Bitcoin mining
- Mismanagement of Bitcoin by its developers
- Lack of transaction efficiency in Bitcoin
- Concerns about the environmental impact of Bitcoin (correct)
How did the value of Bitcoin and Dogecoin react after Elon Musk's statements?
How did the value of Bitcoin and Dogecoin react after Elon Musk's statements?
- Both Bitcoin and Dogecoin values increased
- Both Bitcoin and Dogecoin values decreased
- Bitcoin value decreased, Dogecoin value increased (correct)
- Bitcoin value increased, Dogecoin value decreased
What was the focus of Elon Musk's recent tweets in relation to cryptocurrencies?
What was the focus of Elon Musk's recent tweets in relation to cryptocurrencies?
- Expressing concern about the environmental impact of cryptocurrency (correct)
- Promoting the efficiency of Bitcoin transactions
- Supporting the use of fossil fuels for cryptocurrency mining
- Advocating for the adoption of cryptocurrency as the world's future currency
How did Elon Musk's tweets affect the value of Bitcoin?
How did Elon Musk's tweets affect the value of Bitcoin?
Signup and view all the answers
