Crypto Quiz

The terms “cryptocurrencies” and “crypto assets” have the same meaning and can be used interchangeably.

• True

• False

Crypto assets and blockchain have the same meaning.

• True

• False

A Non-Fungible Token (NFT) can represent ownership of a video clip of a basketball game.

• True

• False

As the first successful crypto asset, Bitcoin is guaranteed to retain its value over time.

• True

• False

Which crypto asset is the oldest?

• Tether

• Bitcoin

• Dogecoin

• Ether

Which characteristic does not describe the Bitcoin blockchain?

• Distributed

• Public

• Peer-to-peer

• Centralized

A crypto asset with its value tied to another currency, commodity, or financial instrument describes a cryptocurrency.

• utility coin

• Stablecoin

• Non-Fungible Token (NFT)

The Federal Trade Commission indicated that between January 2021 and March 2022 most crypto scam losses were from

• romance scams

• fake investment opportunities

• government and business impersonators

• blackmail scams