Cryptocurrency
Test your tech-savvy crowd in this trivia game about the intersection of technology and finance.
15 questions · Published July 20, 2021
Trivia questions (5 of 15)
- Multiple Choice
1. The physical or virtual container that holds a user's purchased or traded cryptocurrency, as well as their personal encryption keys, is called a ___________.
FUN FACT
A cryptocurrency wallet does not actually contain any currency like a traditional wallet. It simply contains the user's encryption keys to mathematically access the user's ledgered cryptocurrency on the blockchain.
- Multiple Choice
2. What are the tiny amounts of unspent bitcoin left in a wallet that are worth less than standard crypto transaction fees?
Simply put, it would cost more to spend bitcoin dust than what it's worth.
- Multiple Choice
3. Which company made headlines in early 2021 when it announced it would accept payment for its products in bitcoin?
In late March 2021, Tesla started accepting Bitcoin as a form of payment for its cars in the United States.
However, on May 12, 2021, Tesla indicated via a tweet from founder Elon Musk that they would no longer accept Bitcoin as a form of payment due to climate change concerns. This resulted in the price of Bitcoin dropping by around 12% on May 13.
- Multiple Choice
4. Which cryptocurrency's logo features this Shiba Inu from a popular Internet meme?
Dogecoin is a cryptocurrency created as a joke, making fun of the wild speculation in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect.
It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of $85,314,347,523 USD on May 5, 2021.
- Multiple Choice
5. What is the pseudonymous identity used the developer or developers of Bitcoin?
No one knows the real identity of the founder or founders of Bitcoin, but the currency is credited as the brainchild of Satoshi Nakamoto.
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