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How much do you know about Elon Musk's impact on the cryptocurrency market?

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How much do you know about Elon Musk's impact on the cryptocurrency market?

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Questions and Answers

What was the reason for Tesla not accepting payments in Bitcoin, according to Elon Musk's tweet?

Due to concerns about environmental impact (correct)

Due to concerns about transaction efficiency

Due to concerns about fossil fuel use in mining and transactions

Due to concerns about security issues

What was the relationship between Dryden and Shadwell during the first decade of their acquaintance as dramatists?

They had a professional relationship

They were enemies

They were friendly (correct)

They were indifferent towards each other

Which cryptocurrency did Elon Musk tweet about working with developers to improve transaction efficiency?

Ripple

Dogecoin (correct)

Bitcoin

Ethereum

Who was the target of satire in Mac Flecknoe?

Thomas Shadwell Signup and view all the answers

What was the effect of Elon Musk's tweet on the value of Dogecoin and Bitcoin?

Bitcoin's value hit a two-month low and Dogecoin rallied by 20% Signup and view all the answers

What was Dryden's opinion of Shadwell's understanding of true wit and the merit of Ben Jonson?

He thought Shadwell had no understanding of true wit or the merit of Ben Jonson Signup and view all the answers

Study Notes

Elon Musk tweeted that Tesla will not accept payments in Bitcoin due to environmental concerns.
He also tweeted about working with Dogecoin developers to improve transaction efficiency.
Bitcoin's value hit a two-month low and Dogecoin rallied by 20% following the tweets.
Musk has been tweeting in support of Dogecoin, but rarely for Bitcoin.
Tesla suspended vehicle purchases using Bitcoin due to concerns about fossil fuel use in mining and transactions.
Musk believes in crypto but not at the cost of a massive increase in fossil fuel use.
Bitcoin's value has stabilized since the tweets.
Twitter users welcomed Musk's statement about environmental concerns.
Some users believe Dogecoin is here to stay and crypto could become the world's future currency.
Musk's tweets have shown his influence on the digital currency market.

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Description

Test your knowledge on Elon Musk's recent tweets and their impact on the cryptocurrency market! From Tesla's decision to suspend Bitcoin payments to Musk's support for Dogecoin, this quiz will cover it all. See how much you know about the environmental concerns surrounding Bitcoin, the value fluctuations of both Bitcoin and Dogecoin, and the potential future of cryptocurrency as a global currency. Keywords: Elon Musk, Tesla, Bitcoin, Dogecoin, cryptocurrency, environmental concerns, fossil fuel, value fluctuations, global