How much do you know about the history and future of Bitcoin?

Study Notes

Bitcoin was introduced in 2008 as a decentralized currency without the need for a central bank or intermediaries.
It can be sent to and from users via the bitcoin network, a peer-to-peer network in which transactions are authenticated by nodes and recorded on a blockchain.
The inventor of Bitcoin remains a mystery and is known only by the pseudonym Satoshi Nakamoto.
Bitcoin was first used in 2009 when Nakamoto mined the starting block of the blockchain, known as the Genesis Block.
The first known commercial transaction using Bitcoin occurred in 2010 when programmer Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoins.
Bitcoin has been traded hundreds of millions of times, with the earliest major transactions occurring in black markets such as Silk Road.
Regulation emerged from several countries, with the People’s Bank of China initiating the most impactful regulations.
The price of Bitcoin has halved after regulation instances, but it is still trending upward thanks to institutions and countries allowing the use of cryptocurrency.
El Salvador recently passed legislation to make Bitcoin legal tender.
Consult an advisor before investing in any virtual currency due to the highly volatile nature of the crypto market.

Description

Test your knowledge about the world's most popular cryptocurrency with our Bitcoin Quiz. From its mysterious origins to its recent legalization in El Salvador, this quiz covers everything you need to know about Bitcoin. Learn about the technology behind it, its early commercial uses, and the impact of regulation on its price. Impress your friends with your Bitcoin knowledge and don't forget to consult an advisor before investing in any virtual currency. Take the quiz now and see if you're a Bitcoin expert!