Bitcoin Pop Quiz #1: In crypto culture, are you a boss? Or at a complete loss?

Only one answer per question is correct:

1. The famously mysterious Satoshi Nakamoto, the inventor of Bitcoin, is most closely associated with solving which of the following?
   a. The Altcoin Paradox.
   b. The double-spend problem.
   c. The predictive time-stamping problem.
   d. The Antonopoulos Codex.
   e. Peer-to-peer electronic communications.

2. In the main body of Satoshi Nakamoto’s white paper, he mentions only one person by name. Who is it?
   a. Adam Back, a cryptographer.
   b. Hal Finney, a cypherpunk.
   c. Yukon Cornelius, a miner.
   d. Ma Nakamoto, Satoshi’s dear mother.
   e. Nick Szabo, a cryptographer.

3. A cryptocurrency based on “Proof of Work” means that it is:
   a. Staked in a wallet.
   b. Sponsoring a crypto conference.
   c. Unlawful in Wyoming.
   d. Mined.
   e. On the Ethereum blockchain.

4. Which of the following is true about Max and Stacy of the Keiser Report?
   a. Max is a beautiful blonde.
   b. Stacy has no patience whatsoever.
   c. Max and Stacy recommended buying bitcoin for $3 in 2011.
   d. Max and Stacy recommended buying bitcoin for $3 in 2014.
   e. Max’s oratory is always low-key, sensible, and spittle-free.

5. What is the crypto term meaning to hold tightly onto your coins for the long term, even during difficult down markets?
   a. Hodl.
   b. Hoddle.
   c. Hidl.
   d. Coddle.
   e. Codl.

6. The creator of Litecoin is:
   a. Melissa Lee of CNBC.
   b. Tom Lee of Fundstrat.
   c. Tommy Lee of Motley Crue.
   d. Charlie Lee, who does not own any Litecoin.
   e. Bobby Lee, who does own lots of Litecoin.

7. Tone Vays, a bitcoin technical analyst and YouTuber who is sometimes in a good mood, has NOT said which of the following to his viewers:
   a. “Guys, guys, don’t be stupid.”
   b. “Guys, learn trading.”
   c. “The weekly chart is on a price flip after a price flip.”
   d. “I’m liking these aggressive 13s.”
   e. “Guys, guys, never buy the dip.”

8. Who sings the 2014 bitcoin song titled ‘Ode to Satoshi’?
   a. Trace Mayer and the Multiples
   b. The Rolling Blockchains
   c. The JP Morganettes
   d. John Barrett
   e. Wango Chaingo, featuring The Coiners

9. Who founded the annual Anarchapulco bitcoin and voluntaryist conference in Mexico?
   a. Meltem Demirors, digital currency advocate.
   b. Caitlin Long, Wall Street & Crypto veteran.
   c. Jeff Berwick, The Dollar Vigilante.
   d. Vicente Fox, former President of Mexico.
   e. Bix Weir, in a tent somewhere in Oakland.

10. Popular cryptocurrency exchange Binance famously moved its main operations from China to which Mediterranean island?
    a. Sicily.
    b. Turks & Caicos.
    c. Pompliano.
    d. Malta.
    e. Mykonos.

11. A government-issued cryptocurrency will never be a true cryptocurrency because it will lack:
    a. A fourth dimension of analog primacy.
    b. Decentralization.
    c. Blockchain defragmentation.
    d. The ability to escape from Nicolas Maduro’s mustache.
    e. A pyramid with an eye at the top.

12. Bitcoin—a tool of enlightenment promising a return of liberty and power to the individual—in years to come will most likely:
    a. Cause people to clamor for stacks of government-printed money.
    b. Be used as a food additive to cure the hardened arteries of “Jamie Dimon Disease.”
    c. Pummel left-wing corporate censor Jack Dorsey in a cage match.
    d. Surrender to the Venezuelan Petro.
    e. Demolish leftist/socialist/collectivist governments & political parties around the globe.

Answers: 1-b, 2-a, 3-d, 4-c, 5-a, 6-d, 7-e, 8-d, 9-c, 10-d, 11-b, 12-e (give yourself half a point on number 12 if you chose option c)

Number correct?

12 You are Satoshi.
9-11 You are inspired by Satoshi’s elegant vision and are optimistic for a decentralized future.
6-8 You own Bitcoin and Bitcoin owns you.
4-5 You may or may not own Bitcoin. Probably not. You do own one or two altcoins.
0-3 You are a central banker, you work for JP Morgan, or you are constantly out on the streets wasting your time protesting something or other.

Watch for another quiz coming soon! Steemit: @paulsamuelson

Also, check out my newly-published short story The Scrooge of Gotham: A Bitcoin Christmas Tale (on Amazon):

https://www.amazon.com/Scrooge-Gotham-Bitcoin-Christmas-regards-ebook/dp/B07KTM3254/ref=sr_1_1?s=books&ie=UTF8&qid=1543357763&sr=1-1&keywords=scrooge+of+gotham