Money Kids: Cryptocurrency and NFTs
Interactive Video
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Other, Business
•
1st - 6th Grade
•
Hard
Wayground Content
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of cryptocurrencies that makes them secure?
They are stored in physical vaults.
They are backed by gold reserves.
They are regulated by central banks.
They use cryptography.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country has adopted cryptocurrency as a national currency as of September 2021?
Germany
Australia
El Salvador
Japan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is credited with the creation of Bitcoin?
Mark Zuckerberg
Elon Musk
Satoshi Nakamoto
Vitalik Buterin
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary technology that underpins cryptocurrencies?
Artificial Intelligence
Blockchain
Quantum computing
Cloud computing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage of using cryptocurrencies?
They require no electricity to operate.
They offer user anonymity.
They are controlled by a single government.
They are always stable in value.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major environmental concern associated with cryptocurrencies?
They pollute water sources.
They cause deforestation.
They require a lot of electricity for mining.
They produce toxic waste.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does NFT stand for?
Non-Financial Trade
Nonfungible Token
New Financial Technology
Networked Financial Transaction
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