Crypto 💰

CRYPTOCURRENCY IS…?

• any digital money

• digital money with no physical analogs

Answer explanation

Cryptocurrency does not exist in forms of coins and notes!

CHOOSE THE SYNONYMS OF “TO DOUBLE-CROSS”

• TO CONDUCT

• TO CHEAT

• TO DECEIVE

• TO GUIDE TROUGH

Answer explanation

To conduct means to organise and perform a particular activity

To guide through means to lead the way for a person

BLOCKCHAIN IS A CLOSED PRIVATE RECORD OF TRANSACTIONS.

• YES

• NO

Answer explanation

Blockchain is open transparent record of transactions!

HOW DO WE CALL A COMPANY OR A PERSON WHO CONNECTS A CUSTOMER WITH SALESMAN?

• THIRD FACE

• INTERMEDIARY

• THIRD PARTY

Answer explanation

:)))))))

TRUE OR FALSE?

TO VERIFY IS TO PROVE THAT SOMETHING EXISTS OR TRUE

• YES

• NO

Answer explanation

YES! It’s absolutely correct!

WHAT DOES “PEER-TO-PEER” MEAN? (2 ANSWERS)

• Равноправный

• Партнерский

• Товарищеский

• Одноранговый

Answer explanation

FACT, BUT NOT FUN

The abbreviation of the word peer-to-peer is P2P

MATCHMAKER IS…?

• A person who arranges marriages

• Agent between a salesmen and a customer

Answer explanation

Both variants are correct!

But in terms of cryptocurrency (and finance generally), matchmaker connects salesmen and a customers, borrowers and lenders.§

TRUE OR FALSE?

MINING PROCESS IS A PROCESS OF GENERATING DIGITAL MONEY

• YES

• NO

Answer explanation

No comment here.

TRANSACTION IS…?

• Process of delivering goods

• An instance of buying or selling something

Answer explanation

Don’t be confused…