Bitcoin General Quiz

Bitcoin General Quiz

12th Grade

15 Qs

quiz-placeholder

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Bitcoin General Quiz

Bitcoin General Quiz

Assessment

Quiz

Other

12th Grade

Medium

Created by

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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