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BitcoinPizza Day Yola Flashcards | StudBud
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BitcoinPizza Day Yola
BitcoinPizza Day Yola
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Questions
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Answers
1
What is Bitcoin Pizza Day?
Day eat Pizza
Day to buy Pizza with Bitcoin
It represents the purchase of two pizzas for 10,000 bitcoins.
Day commemorates the first documented real-world transaction involving BTC
2
What is the name of the technology that underlies Bitcoin?
Cryptocurrency
Cloud Computing
Artificial intelligence
Blockchain
3
Did the purchase of the pizzas with Bitcoin mark one of the first real-world transactions using cryptocurrency?
False
True
4
Did the value of the 10,000 BTC used to buy the pizzas increase significantly over time?
True
False
5
Who made the historic Bitcoin pizza purchase on Bitcoin Pizza Day?
Laszlo Hanyecz
Satoshi Nakamoto
Vitalik Buterin
Roger Ver
6
How many confirmations are typically recommended for a Bitcoin transaction to be considered secure?
3
10
1
6
7
What is the process called through which new bitcoins are created and transactions are verified?
Staking
Trading
Mining
Investing
8
Was BitcoinPizza Day created to commemorate the purchase of two pizzas with Bitcoin?
False
True
9
Did the pizzas bought with Bitcoin cost 10,000 BTC in total?
False
True
10
What type of food was bought with the bitcoins on the first Bitcoin Pizza Day?
Tacos
Pizza
Burgers
Sushi
11
What is Bitcoin?
Bitcoin is a decentralized digital currency that allows P2P transactions
Is a Digital money
12
Did BitcoinPizza Day contribute to the recognition and adoption of Bitcoin as a medium of exchange?
True
False
13
When was the first Bitcoin block mined, also known as the "genesis block"?
2008
2011
2009
2010
14
Did BitcoinPizza Day originate from an online forum post?
False
True
15
What is the smallest unit of Bitcoin called?
Ethereum
Satoshi
Bitcoin Cashier
Litecoin
16
What is the first major cryptocurrency exchange that was launched in 2010?
Coinbase
Bitstamp
Binance
Mt. Got
17
What is the maximum supply of bitcoins?
21 million
50 million
10 million
Unlimited
18
How many pizzas were bought with the 10,000 bitcoins on the first Bitcoin Pizza Day?
10 Pizzas
One Pizza
Two Pizzas
5 Pizzas
19
Did the purchase of the pizzas with Bitcoin occur in 2010?
True
False
20
Did the person who bought the pizzas with Bitcoin become known as the "Bitcoin Pizza Guy"?
True
False
21
What is the approximate current value of the 10,000 bitcoins used on the first Bitcoin Pizza Day?
$100,000
$262 million
$10,000
$1 million
22
Did BitcoinPizza Day take place on May 22nd?
False
True
23
What was the original purpose of Bitcoin?
Data storage
Peer-to-peer electronic cash system
Social Networking
Online shopping
24
In what year did the first Bitcoin Pizza Day transaction take place?
2011
2008
2010
2009
25
How many bitcoins were used to purchase the famous pizzas on Bitcoin Pizza Day?
1,000 bitcoins
100 bitcoins
10,000 bitcoins
100,000 bitcoins
26
Did BitcoinPizza Day become an annual event in the cryptocurrency community?
False
True
27
Who is credited with creating Bitcoin?
Bill Gates
Elon Musk
Satoshi Nakamoto
Mark Zuckerberg
