1
What was the first decentralized cryptocurrency?
Bitcoin
Ethereum
Tether
Dogecoin
73% got this right
Bitcoin was the first decentralized cryptocurrency.
2
What year was Bitcoin first released as open-source software?
2009
1999
2013
2003
32% got this right
Bitcoin was created by Satoshi Nakamoto in January 2009.
3
What was the first country to accept Bitcoin as legal tender?
El Salvador
USA
Cuba
China
34% got this right
El Salvador declared Bitcoin as legal currency in June 2021. Cuba followed in August 2021.
4
As of mid-2022, how many cryptocurrencies exist?
20,000
50,000
1,000
100,000
20% got this right
According to CoinMarketCap, there are 21,123 types of cryptocurrencies in September 2022.
5
What is the term for the smallest denomination of Bitcoin that can be sold?
Satoshi
Bitlet
Finney
Bit.ly
23% got this right
A Satoshi is the smallest denomination of Bitcoin, equivalent to 100 millionth of a Bitcoin.
6
Which is NOT a popular gaming cryptocurrency?
GAME
SAND
GALA
AXS
24% got this right
7
What is the name of the ledger of transactions that validates the transfer of cryptocurrency?
Blockchain
Cryptowallet
Bitbook
Gwei
57% got this right
8
What is the name for types of money within the traditional financial ecosystem?
Fiat
Hyundai
Volvo
Ford
42% got this right
9
In 2010, Laszlo Hanyecz paid for 2 Papa John's pizzas with Bitcoin. How many Bitcoin did he spend?
10,000
.0001
1
100
28% got this right
Worth around $40 at the time, 10,000 Bitcoin are worth almost $200 million in 2022.
10
What is the maximum amount of Bitcoin that can ever be mined?
21 million
No limit
150 million
1 billion