Bitcoin Quiz 💰

Answer these trivia questions about Bitcoin.

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Last updated: February 9, 2024

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First submitted	November 16, 2021
Times taken	158
Average score	57.9%
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Hint	Answer
The pseudonym of the creator(s) of Bitcoin	Satoshi Nakamoto
The paper in which they outlined the concept	white paper
Bitcoin's 3-letter ticker symbol	BTC
Bitcoin is the first decentralized variety of this money.	cryptocurrency
Technology that Bitcoin uses for its public distributed ledger	blockchain
How many Bitcoins there can ever be (supply limit)	21,000,000
There are 100,000,000 of this subunit in one bitcoin.	satoshi
Verb: To use a computer to validate transactions in exchange for a reward	mine
Form of cryptographic proof it is based on	proof-of-work
Year it was first used	2009

Hint	Answer
Laszlo Hanyecz bought two of these for ₿10,000 in the first known transaction.	pizza
4-letter slang which means to keep and not sell one's bitcoins	HODL
The world's largest bitcoin exchange (by trading volume)	Binance
The largest bitcoin exchange (by trading volume) in the US	Coinbase
Michael Saylor's company that owns over 189,000 Bitcoin	Microstrategy
"Layer 2" payment protocol intended to enable fast transactions	Lightning Network
2021: First nation to adopt it as legal tender	El Salvador
2022: Second nation to adopt it as legal tender	Central African Republic
2024: 11 of these began trading on American stock exchanges.	spot ETFs

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3 Comments

Level 87

Nov 16, 2021

Also try Countries with the Most Bitcoin ATMs and Countries with the Most Bitcoin Nodes.

Level 87

Dec 16, 2021

What questions would you add to this quiz?

Level 60

Dec 1, 2023

Nice quiz! Nominated.

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