CBDCs vs Cryptocurrency Quiz

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CBDCs vs Cryptocurrency: a General level Cryptocurrency quiz. Test your knowledge with 11 questions!
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Questions

Question 1
Which entity controls Bitcoin?
A The United Nations
B No central authority
C The Federal Reserve
D An international bank
Question 2
Can you track CBDC transactions?
A Yes, by the central bank
B They are untraceable
C Only via third parties
D No, they are private
Question 3
What backing does a CBDC usually have?
A The national economy
B A supply of gold bars
C No backing at all
D Mining computational power
Question 4
What is a common trait of Bitcoin?
A Mandatory use for taxes
B Capped maximum supply
C Government insurance
D Unlimited supply
Question 5
What does decentralized mean in crypto?
A Spread across many nodes
B Controlled by a bank
C Run by one person
D Located in one building

๐Ÿ“‹ This quiz has 11 questions in total.

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