True or False

Guess which fun crypto facts are real!

1 / 6

Two-thirds of Bitcoins have never been used and might never be used.

Quiz

Incorrect answer!

This fact is actually true. Bitcoins which are in everyday use make up only a fraction of the whole amount of Bitcoins.

2 / 6

The creator of Bitcoin Satoshi Nakamoto was awarded a Nobel Prize in Economics.

Quiz

Incorrect answer!

Perhaps Satoshi Nakamoto would be a good candidate for a Nobel Prize, but he has not received one yet. Besides, no one knows for sure who Satoshi Nakamoto is.

2 / 6

Bitcoin provides the greatest anonymity among all major cryptocurrencies.

Quiz

Incorrect answer!

Actually, those willing to hide their financial operations do not use Bitcoin because all Bitcoin transactions are public. There are various, more anonymous alternatives, such as Monero.

2 / 6

Some traditional universities accept tuition fees in cryptocurrencies.

Quiz

Incorrect answer!

You can pay for your tuition fee in crypto in some universities. For example, University of Nicosia, Cyprus, accepted Bitcoin as of early this year.

2 / 6

A guy once paid 10,000 BTC for two pizzas.

Quiz

Incorrect answer!

It's a famous story in the crypto community. In 2010, a Hungarian programmer purchased two pizzas with 10,000 BTC. Today, he could have gained $40 million for them (and even much more one year ago!).

2 / 6

Americans can pay their taxes in Bitcoin.

Quiz

Incorrect answer!

Too soon! One cannot pay taxes in Bitcoin in the US. If you want to do so, you can move overseas as some local communities in Switzerland have started introducing Bitcoin as an option to pay taxes.

Your result

6 questions

3 correct answers