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Now that you went through the Module "An Examination of How We Got Here" you will have to test your newly acquirred knowledge to make sure that you have understood the last sections. We'll start with several Open-Ended Questions and then a small quizz.
- What are your thoughts on the concept of a trustless and permissionless decentralised digital currency like Bitcoin? How do you think it compares to traditional forms of currency?
- Do you believe that the limited supply of bitcoin, with only 21 million coins, gives it value and makes it more desirable? Why or why not?
- Based on the information provided about Satoshi Nakamoto, do you think it is important to know the true identity of Bitcoin's creator? Why or why not?
- Do you agree with Satoshi Nakamoto's concerns about centralised banking systems and the trust required in conventional currencies? Why or why not?
- Imagine you live in a country experiencing high inflation. How could bitcoin provide a solution for preserving your purchasing power?
- Consider a scenario where you need to send money to a family member in a different country. How could Bitcoin's peer-to-peer nature and low fees benefit you in this situation?