Q 01/05

Which crypto slang for refusing to sell began as a typo in a 2013 Bitcoin forum post?

A) FOMO

B) REKT

C) HODL

D) FUD

Answer · why

C) HODL

HODL was a mistyped 'hold' in a December 2013 Bitcointalk post titled 'I AM HODLING', written mid-crash by a user who said he'd had some whisky; fans ...

Q 02/05

Bitcoin's white paper appeared in October 2008, weeks after which Wall Street bank went bankrupt?

A) Bear Stearns

B) Lehman Brothers

C) Merrill Lynch

D) Morgan Stanley

Answer · why

B) Lehman Brothers

Lehman Brothers filed for bankruptcy on 15 September 2008; the white paper followed on 31 October, pitching online payments sent directly from one par...

Q 03/05

What is the term for any cryptocurrency other than Bitcoin?

A) Privacy coin

B) Stablecoin

C) Altcoin

D) Tokenized asset

Answer · why

C) Altcoin

Altcoin is short for 'alternative coin'; because Bitcoin's code is free for anyone to copy, many of them began as copies that reused it with a few set...

Q 04/05

Which 2011 cryptocurrency by Charlie Lee is nicknamed the 'silver to Bitcoin's gold'?

A) Litecoin

B) Peercoin

C) Ripple

D) Dash

Answer · why

A) Litecoin

Litecoin, released by Charlie Lee in October 2011, copied Bitcoin's code but targets a block every 2.5 minutes, so its payments confirm four times fas...

Q 05/05

What is the slang for developers hyping a token, then vanishing with investors' money?

A) Airdrop

B) Rug pull

C) Flash loan

D) Short squeeze

Answer · why

B) Rug pull

Rug pull is the slang; in 2021 a token cashing in on the TV hit Squid Game soared, then fell to almost nothing as its developers made off with million...