The Bitcoin Exam Understand Bitcoin

What Is The Bitcoin Exam?

The Bitcoin Exam is a 50-question test designed to help retail investors gauge their understanding of Bitcoin.

As the price of bitcoin skyrocketed past $60,000 in 2021, interest from retail investors hit an all-time high. Individuals with little to no understanding of bitcoin jumped in after being swept up by the media hype, only to panic sell when the price then corrected by over 50%. Whilst families and retail investors stand to gain a lot from bitcoin in the long term, few understand it well enough to hold on through the volatility and come out the other side. To help solve this problem, I have created The Bitcoin Exam so that these individuals can better identify gaps in their knowledge and truly understand the monetary revolution that is unfolding.

The exam itself takes around 20 minutes on average to complete and consists of 50 multiple-choice questions. It begins with basic questions about the technology that underlies Bitcoin, before moving onto questions about its application, history, and monetary economics.

Passing the exam should not be considered a prerequisite for buying bitcoin. In fact, I hope that the exam helps more people to “get off zero,” with a link at the end to wallets that participants can use to begin dollar-cost averaging and saving in bitcoin.