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Crypto vs. Fiat: What's the Difference? Quiz

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Crypto vs. Fiat: What's the Difference?: a General level Cryptocurrency quiz. Test your knowledge with 12 questions!

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Questions

Question 1

Which of these is a fiat currency?

A US Dollar

B Bitcoin

C Litecoin

D Ethereum

Question 2

How are crypto transactions verified?

A By paper signatures

B By government officials

C By a network of computers

D By a central clearing house

Question 3

Can you physically hold a digital cryptocurrency?

A Only if you have a special scanner

B Yes, if it is printed on paper

C No, it is purely digital

D Yes, in a metal box

Question 4

What limits the supply of many cryptocurrencies like Bitcoin?

A The global demand for gold

B The amount of paper available

C Government decrees

D Mathematical code

Question 5

What is a major advantage of crypto over fiat for international transfers?

A It is controlled by local banks

B It is only accepted in one country

C It avoids traditional banking intermediaries

D It is always slower

📋 This quiz has 12 questions in total.