Cryptocurrency T/F
Authored by Deanna Hudgens
Business
9th - 12th Grade
Used 1+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cryptocurrency is a digital asset that can be exchanged online or used to purchase goods or services.
Fact
Fiction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cryptocurrency uses blockchain technology to create a ledger that records transactions in a secure, digital, shared database.
Fact
Fiction
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The U.S. Department of the Treasury produces cryptocurrency.
Fact
Fiction
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cryptocurrency is backed by a commodity such as gold or silver
Fact
Fiction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bitcoin is often recognized as the first decentralized cryptocurrency
Fact
Fiction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Miners earn cryptocurrency by using computers to solve complex mathematical problems to create new blocks for the ledger.
Fact
Fiction
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Like paper money, cryptocurrency is also available in a physical form.
Fact
Fiction
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