Hal Finney and the Early Days of Bitcoin

Hal Finney and the Early Days of Bitcoin

Assessment

Interactive Video

Computers, Business, Moral Science

9th - 12th Grade

Hard

Created by

Sophia Harris

FREE Resource

Hal Finney was a pioneer in cryptography and an early supporter of Bitcoin. He was deeply involved in the development of digital currency, even before Bitcoin became popular. Despite facing numerous challenges, including a diagnosis of ALS, Hal continued to contribute to the crypto world, famously tweeting 'running Bitcoin' from his wheelchair. His unwavering belief in Bitcoin's potential and his role as a quiet hero in the crypto community highlight the power of perseverance and decentralization.

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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Hal Finney's vision before Bitcoin became popular?

A digital and decentralized monetary system

A new form of social media

A world with flying cars

A global government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Hal Finney react when Bitcoin was introduced?

He was skeptical

He ignored it

He criticized it publicly

He was already prepared and received the first transaction

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major personal challenge did Hal Finney face while working on Bitcoin?

Loss of internet access

A tough ALS diagnosis

Legal issues

Financial bankruptcy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What iconic phrase did Hal Finney tweet from his wheelchair?

Bitcoin is the future

Decentralize everything

Running Bitcoin

Crypto for all

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did Hal Finney play in the early days of Bitcoin?

He was a critic of Bitcoin

He ran Bitcoin's first node and was a key supporter

He was a competitor to Bitcoin

He was a government regulator

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Hal Finney's story teach us about starting small?

Believing in decentralization can lead to collective success

It's better to wait for others to succeed first

Only large corporations can succeed

Small beginnings are insignificant

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Hal Finney contribute to the future of finance?

By developing a new form of credit card

By creating a new stock market

By paving the way for digital currencies

By inventing a new banking system

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the moral of Hal Finney's story?

Success is only for the wealthy

Technology is not important for finance

Belief in a vision can lead to groundbreaking changes

Decentralization is a passing trend