What is Bitcoin?

What was a primary reason for the creation of Bitcoin?

• To make money easy to copy and paste.

• To allow governments to control digital transactions.

• To address issues of corruption and manipulation in government money.

• To create a currency that could be printed endlessly.

How are new Bitcoins added to the existing supply?

• They are printed by a central bank.

• They are created by copying and pasting existing Bitcoins.

• They are generated after a computer solves a difficult math problem.

• They are distributed randomly to users.

What mechanism prevents someone from faking a Bitcoin?

• A central government agency verifies each transaction.

• Each Bitcoin has a unique shape that won't fit the public record if faked.

• Banks manually check every Bitcoin for authenticity.

• Users can easily copy and paste Bitcoins, making faking unnecessary.

What is the total limited supply of Bitcoin?

• An unlimited amount, like traditional currency.

• 10 million Bitcoin.

• 21 million Bitcoin.

• The amount is determined by government regulation.

Who controls the Bitcoin network?

• A single government entity.

• A central bank.

• A public network of Bitcoin users.

• The person who created it.

(a)   should be easy to use and hard to create.

• Money
• Government