Cryptocurrency Quizz

Which the is world's first cryptocurrency?

• Bitcoin

• Dogecoin

• Litecoin

• Ethereum

Cryptocurrency is...

• money on a bank account

• enigmatic money

• virtual money

• pocketmoney

The creator of Bitcoin is

• Steve Jobs

• Bill Gates

• Satoshi Nakamoto

• Mark Zuckerberg

Fiat currency requires...

• Stock Market

• recession

• commodities

• a central bank

The production of fiat money is mostly controlled by

• rich people

• Government

• citizens

• inflation

Inflation makes your money less valuable over time?

• True

• False

Cryptocurrency users have no one to appeal to if they make a mistake in a cryptocurrency transaction

• True

• False

Fill the missing words

A currency is _______ accepted as ________ for goods and services

Choose any that apply

Problems with Fiat Currencies?

• Limited privacy

• Fragility

• Risk of inflation

• Illegal Transactions

Choose all that apply

What are advantages of Cryptocurrencies

• Transaction speed

• Stability

• Cost of transactions

• Protected from scams