Due to the control given to few groups of people, fiat is a _____________ form of money.

  • unfair
  • centralized

When the supply of a monetary good continues to be inflated, it is ________________.

  • becoming less valuable

Government fiat has a(n) ______________ supply.

  • infinite

What are some other traits in which fiat money falls behind?

  • Verifiability
  • Censorship-resistance
  • Durability
  • Fungibility (uniformity)

While banks only work for certain people from 9-5, Monday-Friday, Bitcoin functions for __________________. 

  • everyone, 24 hours a day

Who is Bitcoin’s CEO?

  • There is no CEO!

Why are Bitcoin’s monetary properties so difficult to change?

  • The power to make changes is decentralized

Only ____________ million Bitcoin will ever exist.

  • 21

How many satoshis are in a Bitcoin?

  • 100,000,000

What are some key benefits Bitcoin provides over fiat as a monetary good?

  • Limited supply
  • Decentralization
  • Censorship-resistance
  • Reliable store of value

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