Podcast
Questions and Answers
What is Bitcoin?
What is Bitcoin?
- A commodity
- A centralized digital currency
- A decentralized digital currency (correct)
- A physical currency
Who created Bitcoin?
Who created Bitcoin?
- Mark Zuckerberg
- Satoshi Nakamoto (correct)
- Bill Gates
- Jeff Bezos
What is the blockchain?
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?
Why is Bitcoin viewed as digital gold?
What has contributed to Bitcoin's volatility stabilization?
What has contributed to Bitcoin's volatility stabilization?