Quiz Answer Key and Fun Facts
1. What is cryptocurrency?
2. Cryptocurrency needed to be stored in a bank. True or false?
3. Cryptocurrencies contained a record of all transactions within that currency. What was this record of transaction called?
4. What was the first decentralised cryptocurrency?
5. How were conventional banks and Bitcoin different when the cryptocurrency first emerged?
6. How could someone gain cryptocurrency?
7. In its first decade, the value of cryptocurrency could be volatile because it was unregulated. True or false?
8. Which town in Queensland, Australia claimed to be the country's first digital currency town?
9. How could digital currency have benefited travellers on holiday abroad?
10. What was a potential disadvantage of using cryptocurrency while on holiday abroad?
Source: Author
AcrylicInk
This quiz was reviewed by FunTrivia editor
stedman before going online.
Any errors found in FunTrivia content are routinely corrected through our feedback system.