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Are You a Bitcoin Expert?
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Are You a Bitcoin Expert?

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@TemptingSkunk

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Questions and Answers

What is Bitcoin?

  • A commodity
  • A centralized digital currency
  • A decentralized digital currency (correct)
  • A physical currency

    • Who created Bitcoin?

  • Mark Zuckerberg
  • Satoshi Nakamoto (correct)
  • Bill Gates
  • Jeff Bezos

    • What is the blockchain?

  • A transparent and immutable ledger that records all Bitcoin transactions (correct)
  • A type of computer virus
  • A centralized database controlled by central banks
  • A physical location where Bitcoin is stored

    • Why is Bitcoin viewed as digital gold?

    <p>Its limited supply and scarcity</p> Signup and view all the answers

    What has contributed to Bitcoin's volatility stabilization?

    <p>Institutional adoption, regulatory clarity, and increased mainstream acceptance</p> Signup and view all the answers

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