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BRH LVL 1.1 - What is Bitcoin ?
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Who controls Bitcoin ? (Select all that apply)
The military
The Core developer
The nodes
No one
The user
The regulation agency
The miners
Could the US government make a deal with China to shut down Bitcoin ?
Yes, and they can succeed
No
Yes, but they will fail
Why did Satoshi decided to stay anonymous ? (Select all that apply)
To protect his life
To sell his bitcoins anonymously in the black market.
To decentralize the project.
To do a face reveal 8 years later on TV & fork the project twice under 1 year.
What conclusion could be made from the 2008 financial crisis? (Select all that apply)
The banking system is well regulated and any future crisis can be anticipated.
Big banks are too big to fail.
Well-managed banks have enough capital to survive without the help of a central bank.
The 2008 crisis was one in a century crisis and the core issue was solved.
Our economy is very centralized and we can't let the zombie company die.
Who created Bitcoin ?
What happened to lost bitcoins ? (Select all that apply)
They will reduce the current supply making everyone else coin more scarce..
They are lost forever.
They will be reintroduced into the system once the last bitcoin is mined.
The owner can ask the miner to mine them again if they provide a supreme court order.
Could money be sustained without trust ? (ex: enforced by force)
No
Yes
How old is Bitcoin ?
More than 10 years old
5 Years old
8 Years old
3 years old
Who create the next block ? (Select all that apply)
A miner
A node
The Bitcoin core Develloper once the block is full.
The last person to write down a transaction within this block (aka when the block gets full)
What will be the basic step to use Bitcoin and give 3 examples on how to use Bitcoin
What did Satoshi include on the first block of the Bitcoin protocol? (Select all that apply)
The Times's article of the day titled- "Chancellor on brink of second bailout for banks"
A message which will be unlocked once the last Bitcoin is mined on February 23, 2136
Nothing
The original Bitcoin whitepaper
How many Bitcoin will ever be created ?
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