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WorksheetsBitcoin & Blockchain
Total questions: 12
Worksheet time: 36mins
What is the meaning of "Crypto"?
Something that is hidden or concealed.
A type of grave where someone is buried.
Software
Hardware
What is a bitcoin?
Programming Language
England's Currency
A Digital Currency
None of the Above
As of February 12, 2020 a bitcoin is worth?
10,400 USD
323,000 THB
9,500 EURO
All of the Above
What is the definition of a cryptocurrency?
Paper Money
A Digital Asset
Coins
None of the Above
What happens to your money during a period of "inflation"?
A unit of currency buys more than it did in prior periods
A unit of currency buys less than it did in prior periods
What happens to your money during a period of "deflation"?
Deflation increases the value of currency over time.
Deflation decreases the value of currency over time.
Which are true about currency?
Thai Baht is the "currency" in Thailand.
Currency can be exchanged between countries.
System of money in general use in a particular country.
None of the Above
What is the definition of "FIAT"?
Bitcoins
Cyrptocurrency
Government-issued currency, such as the US dollar.
None of the Above
The "blockchain" is data that copied across thousands and thousands of computers worldwide
True
False
How are "bitcoins" produced?
Governments supporting the "bitcoin" currency
Computers using their processing power to facilitate and store transactions.
Mines in the ground
All of the Above
Bill Gates has commented on Bitcoin and said, "“Bitcoin is better than currency”.
True
False
Look up the definition of "pseudonym". What is the meaning?
a fictitious name
a bitcoin
a country
a food
