What is Bitcoin?
Authored by Carlos Martinez
others
12th Grade
Used 14+ times
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28 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is Bitcoin?
A digital currency
A physical coin
A payment system
All of the above
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is cryptocurrency?
Physical money
Digital money
Government-issued money
Bank-issued money
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How is cryptocurrency different from traditional money?
It is physical
It is government-issued
It is bank-issued
It is decentralized
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who invented Bitcoin?
Satoshi Nakamoto
Bill Gates
Mark Zuckerberg
Jeff Bezos
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of a blockchain?
To record Bitcoin transactions
To solve math puzzles
To mine for gold
To manage government-issued money
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How do miners get paid?
With physical money
With government-issued money
With bank-issued money
With Bitcoin
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why do miners have an incentive to keep auditing Bitcoin transactions?
To earn interest
To prevent fraud
To increase the value of Bitcoin
To support the government
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