Bitcoin Use Case and Development Quiz
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Questions and Answers

What was Bitcoin's intended use case when it was first launched?

  • A new type of digital currency (correct)
  • A new type of digital payment system
  • A new type of online banking system
  • A new type of online marketplace

    • What have developers and entrepreneurs discovered regarding Bitcoin?

  • It has numerous new use cases (correct)
  • It can be used to store digital data
  • It is difficult to use
  • It is not secure

    • What have developers and entrepreneurs designed to accommodate a broad range of applications?

  • Entirely new protocols (correct)
  • Complex algorithms
  • Complex computer programs
  • Specialized software

    • What is the main purpose of Bitcoin?

    <p>To create a new type of digital currency</p> Signup and view all the answers

    What do developers and entrepreneurs use to create new applications for Bitcoin?

    <p>Entirely new protocols</p> Signup and view all the answers

    What is the primary benefit of Bitcoin?

    <p>It is anonymous</p> Signup and view all the answers

    What type of applications can Bitcoin be used for?

    <p>Online payments</p> Signup and view all the answers

    What have developers and entrepreneurs designed to accommodate a broad range of applications?

    <p>Entirely new protocols</p> Signup and view all the answers

    What is the primary purpose of Bitcoin?

    <p>To create a new type of digital currency</p> Signup and view all the answers

    What have developers and entrepreneurs discovered regarding Bitcoin?

    <p>It has numerous new use cases</p> Signup and view all the answers

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