top of page
Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is a key difference between cryptocurrencies and fiat money?
A. Cryptocurrencies are backed by central banks, while fiat money is decentralized.
B. Cryptocurrencies operate on decentralized networks, while fiat money is issued by central banks.
C. Cryptocurrencies are created through government borrowing, while fiat money is mined.
Question 2:
What is the main advantage of Bitcoin's decentralization?
A. It allows Bitcoin to be controlled by the government.
B. It makes Bitcoin immune to government manipulation and inflationary policies.
C. It makes Bitcoin easier to track and regulate.
Question 3:
What is the primary purpose of Central Bank Digital Currencies (CBDCs)?
A. To provide a decentralized alternative to cryptocurrencies.
B. To make cryptocurrencies completely illegal.
C. To modernize the financial system and provide a state-backed alternative to cryptocurrencies.
-
bottom of page