Bitcoin General Quiz

Quiz
•
Other
•
12th Grade
•
Medium
Ani My
Used 3+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When was Bitcoin first introduced?
2010
2012
2015
2009
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process of creating new Bitcoins called?
mining
generating
printing
minting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of Bitcoin transactions?
To facilitate international money transfers.
Transfer value in a decentralized and secure manner.
To provide a stable store of value.
To track and monitor financial transactions.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a private key in Bitcoin?
A private key is a randomly generated number used to sign transactions and prove ownership of Bitcoin.
A private key is a physical device used to store Bitcoin.
A private key is a public identifier for a Bitcoin transaction.
A private key is a password used to access a Bitcoin wallet.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of Bitcoin's decentralized nature?
Increases transaction speed
Eliminates the need for a central authority or intermediary
Provides anonymity for users
Allows for easy government regulation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used to describe the rapid and significant changes in Bitcoin's price?
volatility
consistency
stability
fluctuation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current maximum supply of Bitcoins?
21 million
10 million
100 million
1 million
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