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Bitcoin Quiz

Authored by Jay Damazie

English

12th Grade

Used 2+ times

Bitcoin Quiz
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the creator of Bitcoin become frustrated with government money in 2008?

Because it was too difficult to earn

Because it was corrupted and manipulated

Because banks refused to accept digital payments

Because it could not be used internationally

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who created Bitcoin?

Elon Musk

Bill Gates

Satoshi Nakamoto

A group of banks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What makes Bitcoin different from traditional money?

It is controlled by a single company

It can be created by anyone at any time

It does not require a bank or government to function

It is made of physical coins

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Bitcoin created?

By printing new coins like traditional money

By solving complex math problems using computers

By copying and pasting digital files

By government approval

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the blockchain?

A public record of all Bitcoin transactions

A secret code that only Bitcoin miners can access

A physical ledger stored in banks

A way to track traditional bank accounts

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why can’t someone copy and paste Bitcoin?

Each Bitcoin has a unique shape that must fit into a puzzle

The government has special security measures in place

Bitcoin is stored on personal computers

Bitcoin is only available in paper form

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Bitcoin will ever exist?

Unlimited

50 million

21 million

100,000

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