bitcoin-quiz Want to test your chops on Bitcoin Basics? Take our quiz and see how you stack up! /10 7 votes, 5 avg 35 Bitcoin for Beginners Ready to take the quiz? Let's check your knowledge! 1 / 10 What is the difference between Bitcoin and blockchain? They are the same thing The blockchain is the method the Bitcoin Network uses to store the record of all Bitcoin transactions Bitcoin is the currency and blockchain is one of the technologies that power it Both B and C 2 / 10 What documentation do I need to get started in Bitcoin? A driver’s license or passport Any type of state id will work No documentation of any type is required Bank account details 3 / 10 Who owns the Bitcoin Network? The owners of bitcoin.org Bitcoin LLC No one - it is a peer to peer network Both A and B 4 / 10 Who controls the price of Bitcoin? A multinational consortium of world banks The People's Bank of China The US Federal Reserve working in collaboration with the United Nations World Bank No one - the price is only controlled by the laws of supply and demand 5 / 10 Where do I need to go to make a Bitcoin account? My nearest bank branch My Vanguard or investment fund manager A Bitcoin ATM There is no such this as a Bitcoin account 6 / 10 Where are bitcoins stored? On mobile wallets On hardware wallets On the blockchain Both A and B 7 / 10 What is a Satoshi? The smallest denomination of a Bitcoin A different type of cryptocurrency A type of peer-to-peer network Both b and c 8 / 10 What devices can I use to download a Bitcoin wallet? Desktop computer Tablet Mobile Phone Specialty device specifically designed to be a Bitcoin wallet All of the above 9 / 10 What are some ways you can get Bitcoin? Ask to be paid in Bitcoin Buy Bitcoin from an exchange Buy Bitcoin from a Bitcoin ATM All of the above 10 / 10 What are some of the main attributes of Bitcoin versus other types of currency? It cannot be inflated It cannot be counterfeited It cannot be censored All of the above Your score is LinkedIn Facebook Twitter 0% Restart quiz How did you do? Please rate our quiz and let us know what you think! Send feedback
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