1. Word cloud
60 seconds
In 5 words of less, what do you think Cryptocurrency is?
2. Slide
60 seconds
Cryptocurrency is a form of digital money that uses computers to secure transactions and control the creation of new units. It is decentralized, meaning it does not depend on banks or governments to issue new units or verify transactions. It is also global, meaning anyone can use it no matter their geographic location.
Cryptocurrency: The Basics
3. Slide
60 seconds
A blockchain is a digital list of records of all transactions, stored on every computer using the Cryptocurrency. The blockchain is used to store information that is secure and difficult to change.
What is the blockchain?
4. Slide
60 seconds
The first cryptocurrency, Bitcoin, was created in 2008 by an anonymous person or group of people under the name Satoshi Nakamoto. In 2014, Microsoft began accepting Bitcoin as a form of payment for digital content. There are currently more than 5,000 different cryptocurrencies in circulation, with new ones being created every day.
Did you know?
5. Open question
300 seconds
What advantages and disadvantages do you think cryptocurrencies have compared to traditional currencies?
6. Open question
240 seconds
Do you think cryptocurrency has the potential to become a widely accepted form of payment?
7. Open question
300 seconds
In your own words, explain what cryptocurrency is.
8. Open question
300 seconds
Explain how cryptocurrency works and what role the blockchain plays in the process.
9. Poll
60 seconds
Which of the following is not a type of cryptocurrency?
- Bitcoin
- Ethereum
- Dollar
10. Poll
60 seconds
What is the name of the creator of Bitcoin?
- Mark Zuckerberg
- Bill Gates
- Satoshi Nakamoto
11. Poll
60 seconds
'Mining' in cryptocurrency means what?
- The process of exchanging coins
- The process of deleting coins
- The process of creating new coins
12. Poll
60 seconds
What technology do most cryptocurrencies use to keep transactions secure?
- Virtual Reality
- Artificial Intelligence
- Blockchain technology
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