This quiz will check your understanding of lecture 7.
Question 1
Which of the following is true about a fork of Bitcoin’s rules which results in a fork of the block chain into two branches?
Question 2
Which participants in the Bitcoin ecosystem have some amount of power in a negotiation about rule-setting? (check all that apply)
Question 3
According to the lecture, what’s one way that governments have tried to enforce capital controls in a world with Bitcoin?
Question 4
According to the lecture, what steps do governments take to prevent money laundering? (check all that apply)
Question 5
A reputation-based approach to fixing a lemons market might not work: (check all that apply)
Question 6
Which of these are signs that there might be a market failure? (check all that apply)