Exploring Bitcoin and Onecoin

What year was Bitcoin created?

• 2010

• 2005

• 2009

• 2012

Who is the pseudonymous creator of Bitcoin?

• Hal Finney

• Charlie Lee

• Vitalik Buterin

• Satoshi Nakamoto

What was the first real-world transaction using Bitcoin?

• The sale of a car for 5,000 Bitcoins in 2011.

• A donation of 1 Bitcoin to a charity in 2009.

• The purchase of two pizzas for 10,000 Bitcoins on May 22, 2010.

• The purchase of a book for 1 Bitcoin in 2012.

What is the maximum supply of Bitcoin that can ever exist?

• 50 million

• 100 million

• 10 million

• 21 million

What technology underpins Bitcoin transactions?

• Peer-to-peer networking

• Blockchain technology

• Centralized databases

• Cryptocurrency mining

What was Onecoin marketed as?

• A social media network.

• A stock trading platform.

• A traditional banking service.

• A cryptocurrency and investment opportunity.

In which year did Onecoin start gaining popularity?

• 2014

• 2015

• 2017

• 2016

What were some of the key promises made by Onecoin?

• Limited access to educational resources

• Key promises made by Onecoin included high returns on investment, a revolutionary cryptocurrency, a robust educational platform, unique blockchain technology, and a global user network.

• Guaranteed profits with no risk

• A focus on traditional banking systems

What led to the decline of Onecoin?

• Regulatory scrutiny and allegations of fraud.

• Launch of new cryptocurrency features.

• Partnerships with major financial institutions.

• Increased market demand for Onecoin.

Who was the founder of Onecoin?

• Mark Zuckerberg

• Ruja Ignatova's brother

• Ruja Ignatova

• Elon Musk