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Questions and Answers
What was Elon Musk's reason for Tesla not accepting payments in Bitcoin?
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?
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?
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?
Which cryptocurrency experienced a downward spiral in value after Elon Musk's statement?
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What did one of the Twitter users welcome in response to Musk's statement?
What did one of the Twitter users welcome in response to Musk's statement?
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