<div style="text-align: center;"><span style="font-family: georgia, palatino, serif; font-size: 36pt;"><strong>The Ultimate Bitcoin Quiz</strong></span></div> <div style="text-align: center;"> </div> <div style="text-align: center;"><span style="font-family: georgia, palatino, serif; font-size: 18pt;"><img class="img-auto" style="min-width: 100px; max-width: undefinedpx;" src="https://i.imgur.com/yR6gg1i.png" alt="" width="348" height="249" /></span></div>

Which of the following ways of storing bitcoin is MOST VULNERABLE to SIM swap fraud—resulting in loss of bitcoin?

Trezor or Ledger

Cryptocurrency exchange

Paper wallet

Wasabi Wallet

Based on purchasing power, $100 in 1913 would be worth how much today?

$3.87

$27.48

$81.29

$100

What date was the Bitcoin network launched?

October 31, 2008

January 3, 2009

January 1, 2010

March 15, 2012

Which of the following was NOT a section in the original bitcoin whitepaper?

Privacy

Incentive

Scalability

Proof-of-Work

What is Moore’s Law?

The cost of computers is halved every two years

The number of transistors in a dense integrated circuit doubles every two years

Anyone who campaigns for public office becomes disqualified for holding any office at all

None of the above

What percent of the world’s electricity consumption does bitcoin consume (as of January 2020)?

0.0025%

0.025%

0.25%

2.5%

Which economist said the following in 1999: “The internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”

Milton Friedman

Paul Krugman

Nouriel Roubini

Joseph Stiglitz

When was Satoshi Nakamoto’s last GitHub commit?

March 2009

January 2011

February 2013

He/she is still active

How much did Laszlo Hanyecz pay for 2 large pizzas from Papa John’s back in 2010?

0.01 BTC

10 BTC

1,000 BTC

10,000 BTC

What year did the US dollar leave the gold standard?

1890

1918

1971

The US dollar is still on the gold standard

What is a 51% attack?

When a single party owns >50% of bitcoins in circulation

When a single party controls >50% of total nodes

When a single party controls >50% of the mining hash rate

There is no such thing

Since the Silk Road was shut down by the FBI in October 2013, darknet activity of bitcoin has done which of the following (as of January 2020)?

Decreased by 50%

Remained the same

Increased by 50%

Increased by 400%

Which of the following assets cannot be involuntarily seized by any government, foreign or domestic?

Offshore bank accounts

Swiss safety deposit boxes

Bitcoin

Libra

Over the past 10 years, bitcoin has experienced multiple boom and bust cycles, but continues to reach new highs and higher lows with increased liquidity. Because of these cycles, critics often compare bitcoin to the collapse of prior speculative bubbles such as the “South Sea Bubble” and “Tulip Mania”. How many years did each of these historic bubbles span?

3 years

7 years

9 years

14 years

From 2012-2020, which of the following has been the best performing investment available to the general public?

Tesla

Uber

Domino’s Pizza

Bitcoin

When did a sitting US president first publicly address bitcoin?

Barack Obama in 2014

Barack Obama in 2016

Donald Trump in 2019

It hasn’t happened yet

What does ASIC stand for?

Application Specific Investment Company

Accounting Specific Integrated Circuit

Alternative Socioeconomic Investment Currency

Application Specific Integrated Circuit

If bitcoin were to replace national gold reserves based on scarcity, the Federal Reserve would need to accumulate how much bitcoin?

1,000 bitcoins

10,000 bitcoins

100,000 bitcoins

1,000,000 bitcoins

What were Satoshi Nakamoto’s final words to the bitcoin community?

�It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.”

�I've moved on to other things. It's in good hands with Gavin and everyone.”

�Bitcoin is dead.”

�I’ve already publicly admitted I am Satoshi. It is time to own my invention.”

Who invented bitcoin?

Craig Wright

Dorian Nakamoto

Unknown

Only John McAfee knows, but he isn’t telling anyone

What is the maximum number of bitcoins that will ever exist?

18 million

21 million

100 million

Infinite amount

A $1,000 investment in bitcoin in 2010 would be worth about how much today (as of January 2020’s bitcoin price of $8,000)?

$100,000

$1,000,000

$10,000,000

$100,000,000

The Ultimate Bitcoin Quiz

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