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WorksheetsBitcoin Basics
Total questions: 10
Worksheet time: 5mins
Bitcoin has a fixed supply that is limited to a total of 12 million units or bitcoins.
True
False
Bitcoin was created by Satashi Nakamoto, who is currently the CEO of bitcoin.
True
False
Bitcoins are stored in a public ledger called the blockchain.
True
False
The price of Bitcoin behaves according to ...
Offer and demand
The central bank's decision
The owner's decision
News
How to get Bitcoins?
Commercial banks and exchange between users
Stealing from the creator
Bitcoin stores, mining and at an exchange house
Exchange between users, Bitcoin stores and mining.
What is the current Bitcoin block reward?
50 BTC
25 BTC
12.5 BTC
6.25 BTC
The process of encrypting and decrypting information.
Decentralized Application
Cryptocurrency
Block
Cryptography
What happens to your money during a period of "inflation"?
Inflation increases the value of currency over time.
Inflation decreases the value of currency over time.
What is the closest to the current value of Bitcoin as of 9/21/2021
20,000
30,000
40,000
50,000
