How To Earn Bitcoin (Satoshi) By Reading Articles, Playing Games and Listening to Podcasts? before coming to this question. Let's first understand what Bitcoin is? According to Bitcoin Whitepaper, Bitcoin is a peer-to-peer electronic cash system. The anonymous creator of Bitcoin "Satoshi Nakamoto" launched Bitcoin on January 3rd, 2009, with the intention to create a... Continue Reading →
Due to the control given to few groups of people, fiat is a _____________ form of money. unfaircentralized 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? VerifiabilityCensorship-resistanceDurabilityFungibility (uniformity) While... Continue Reading →
The exchange of goods and services prior to money is known as ___________. barter What is a monetary good? A good used for exchange, not for consumption What are some examples of an easy money? ShellsBeadsFiat What do we look for when looking at the scarcity of a monetary good? A limited supply What are... Continue Reading →
What is the smallest unit of a Bitcoin called? (1/100,000,000) A sat, or satoshis Who is the pseudonymous creator of Bitcoin? Satoshi Nakamoto When was the Bitcoin network launched? January 3rd, 2009 What was Satoshi targeting through the creation of Bitcoin? CentralizationCensorshipTrust in 3rd parties What is the Bitcoin White Paper? Satoshi's outline for Bitcoin... Continue Reading →
Who is Satoshi Nakamoto? Unknown creator(s) of Bitcoin What happened on January 3rd, 2009? Bitcoin was launched What primary flaws with fiat does Bitcoin solve? Censorship Centralization Unlimited supply A _________ is _________ of a whole Bitcoin. sat; 100,000,000th What is the Bitcoin white paper? outline written by Satoshi Prior to Bitcoin, central banks & government's... Continue Reading →
Pi is the first digital currency that we can mine on mobile phones. It is developed by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan to the problem: Centralization of power and money put 1st.