Bitcoin Quiz

When did Anthony first hear about bitcoin?

• 2008

• 2012

• 2014

• 2016

What is the function of ASICs in bitcoin mining?

• To create digital wallets

• To store bitcoins securely

• To solve cryptographic problems and generate bitcoin

• To track market prices

Who is believed to have created bitcoin?

• Elon Musk

• Vitalik Buterin

• Satoshi Nakamoto

• Anthony

Anthony considers himself a bitcoin expert.

• True

• False

Anthony got involved in bitcoin before he moved abroad.

• True

• False

Why is the identity of bitcoin’s creator considered a mystery?

• The creator lost access to his account

• His identity was erased by hackers

• He never revealed personal information

• He used a fake address

Why does Anthony say he’s “kicking himself” for not buying bitcoin in 2012?

• Because he didn't believe in digital currencies

• Because mining was illegal at that time

• Because the value increased significantly since then

• Because he couldn’t access the internet

According to Anthony, what gives value to both fiat money and bitcoin?

• Gold reserves

• Government control

• Scarcity of paper

• People's trust and belief

ASIC computers can be used for multiple tasks like gaming and emailing.

• True

• False

Pool mining is more profitable than solo mining.

• True

• False