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Worksheets

Cryptocurrencies

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the name of the first cryptocurrency?

a)

Bitcoin

b)

Ethereum

c)

Dogecoin

d)

Litecoin

2.

Do cryptocurrencies change their value?

a)

Never

b)

Always

c)

Some can be fixed but most change

3.

What is a blockchain?

a)

A way to link to other cryptocurrency users

b)

An unchangeable public record of all transactions

c)

A type of electronic wallet

d)

Where you go to buy bitcoin

4.

What is cryptocurrency mining?

a)

A purchase or sale of cryptocurrency

b)

Digging for gold

c)

Creating a new block for the blockchain

d)

Making an NFT

5.

What is an NFT?

a)

A type of digital art where the owner is proved by the blockchain

b)

A technology for transferring money wirelessly

c)

Nobody knows

d)

It stands for New Finance Technology

6.

Bitcoin was invented by

a)

Steve Jobs

b)

Elon Musk

c)

Steven Hawking

d)

Satoshi Nakamura

7.

Is cryptocurrency safe? (tick all that are true)

a)

Yes, paying by crypto is safer than by credit card

b)

Not completely, crypto has been stolen in high profile hacks

c)

Yes, if you keep your wallet well secured

d)

No, your cryptocurrency may go down in value

8.

Is cryptocurrency good for the environment?

a)

It's too soon to know

b)

Yes

c)

No, some cryptocurrencies use a lot of electricity to work

9.

Can you mine bitcoin on your own computer?

a)

Yes, but it will cost more than you earn

b)

No, you need a special computer

c)

No, it is illegal

10.

Can you pay online using cryptocurrency?

a)

Yes, on every website

b)

Yes on some websites

c)

No, it is illegal

d)

Yes, but it costs more than a credit card