Elon Musk's Tweets and Cryptocurrency Quiz
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Questions and Answers

What was Elon Musk's reason for Tesla not accepting payments in Bitcoin?

  • High transaction fees
  • Lack of government regulation
  • Environmental concerns (correct)
  • Security concerns

    • Which cryptocurrency rallied by about 20 percent after Elon Musk's tweet?

  • Ethereum
  • Ripple
  • Litecoin
  • Dogecoin (correct)

    • What did Elon Musk state as his belief in crypto despite the concerns about fossil fuel use?

  • He thinks crypto is unreliable
  • He has no opinion on crypto
  • He strongly believes in crypto (correct)
  • He believes crypto is a passing trend

    • Which cryptocurrency experienced a downward spiral in value after Elon Musk's statement?

    <p>Bitcoin</p> Signup and view all the answers

    What did one of the Twitter users welcome in response to Musk's statement?

    <p>Musk's support for Dogecoin</p> Signup and view all the answers

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