Bitcoin Questions

Who created Bitcoin? A) Notosohi Sakamoto B) Gavin Andresen C) Satoshi Nakamoto D) Dorian Nakamoto E) Paul Krugman

C) Satoshi Nakamoto

What is the name of the first academic paper that described bitcoin commonly referred to as? A) The Bitcoin Whitepaper B) the origins of money C) the great unraveling D) fifty shades of grey E) the bitcoin constitution

A) the bitcoin whitepaper

How many major bitcoin price bubbles have there been? A) three B) six C) one D) none E) 13.5

A) three

An illegal underground market that sold drugs and other products for bitcoin was shut down by the FBI. It was called: A) Satin Street B) Woolen Way C) Cotton Drive D) Silk Road E) Krugman Boulevard

D) silk road

Name two countries that have banned their banks from servicing bitcoin companies A) USA B) China C) Germany D) Russia E) Cayman Islands

B) China D) Russia

Where is the bitcoin central server located? A) Washington DC. USA B) London, England C) Undisclosed location D) The United Nations vote on location every two years E) None of the above

E) none of the above

How often does the bitcoin ledger reconcile? A) every three months, quarterly B) every day C) every three minutes D) every ten minutes E) it can vary depending on the bitcoin foundation's recommendation

D) every ten minutes

The computers that process transactions for the bitcoin network are commonly called? A) truckers B) linesman C) GPU D) miners E) bitcoin foundation member units

D) miners

What is the name of the general ledger that tracks all bitcoin transactions? A) the gox-chain B) the block-link C) the block-chain D) ledger-link E) satoshi- square

c) the block-chain

How many bitcoin will ever be created? A) unlimited B) 77,340,109 C) 21 million but can be adjusted by the bitcoin foundation be majority vote D) 21,000,000 E) the square root of 2^2

d) 21,000,000