History of Cryptocurrency MCQs September 29, 2025 by u930973931_answers 50 Score: 0 Attempted: 0/50 Subscribe 1. : Who is credited with inventing Bitcoin? (A) Vitalik Buterin (B) Satoshi Nakamoto (C) Charlie Lee (D) Gavin Andresen 2. : In which year was the Bitcoin whitepaper published? (A) 2007 (B) 2008 (C) 2009 (D) 2010 3. : What is the title of Bitcoinâs whitepaper? (A) Blockchain and Cryptography (B) Bitcoin: A Peer-to-Peer Electronic Cash System (C) The Future of Digital Currency (D) Cryptocurrency: A Revolution 4. : In which year did Bitcoinâs blockchain start running? (A) 2007 (B) 2008 (C) 2009 (D) 2011 5. : The first Bitcoin transaction was sent by Satoshi Nakamoto to whom? (A) Roger Ver (B) Gavin Andresen (C) Hal Finney (D) Nick Szabo 6. : The first recorded real-world Bitcoin purchase was for what item? (A) A laptop (B) Pizza (C) Coffee (D) Book 7. : Which year is celebrated as the first Bitcoin Pizza Day? (A) 2010 (B) 2012 (C) 2014 (D) 2016 8. : Who was one of the earliest developers to help Bitcoin grow after Satoshi? (A) Vitalik Buterin (B) Charlie Lee (C) Gavin Andresen (D) Andreas Antonopoulos 9. : Which exchange became the first major Bitcoin marketplace? (A) Coinbase (B) Kraken (C) Mt. Gox (D) Binance 10. : In what year did Mt. Gox collapse due to a massive hack? (A) 2012 (B) 2014 (C) 2016 (D) 2018 11. : Ethereum was launched in which year? (A) 2013 (B) 2015 (C) 2017 (D) 2019 12. : Who is the founder of Ethereum? (A) Charles Hoskinson (B) Vitalik Buterin (C) Gavin Wood (D) Roger Ver 13. : Which early cryptographer created the concept of âBit Gold,â a precursor to Bitcoin? (A) Hal Finney (B) Nick Szabo (C) David Chaum (D) Wei Dai 14. : Which digital currency project from the 1990s is considered a precursor to Bitcoin? (A) Monero (B) DigiCash (C) Ripple (D) Litecoin 15. : Who developed DigiCash? (A) Nick Szabo (B) David Chaum (C) Hal Finney (D) Wei Dai 16. : Ripple (XRP) was launched in which year? (A) 2010 (B) 2012 (C) 2014 (D) 2016 17. : Who created Litecoin in 2011? (A) Charlie Lee (B) Vitalik Buterin (C) Roger Ver (D) Andreas Antonopoulos 18. : Which cryptocurrency became famous for use on the Silk Road marketplace? (A) Ripple (B) Bitcoin (C) Litecoin (D) Dash 19. : The Silk Road was shut down by authorities in which year? (A) 2011 (B) 2013 (C) 2015 (D) 2017 20. : Who is known as âBitcoin Jesusâ for promoting Bitcoin early on? (A) Roger Ver (B) Andreas Antonopoulos (C) Charlie Lee (D) Nick Szabo 21. : Which year did Bitcoin first reach $1,000 in value? (A) 2011 (B) 2013 (C) 2015 (D) 2017 22. : When did Bitcoin first cross $10,000? (A) 2015 (B) 2017 (C) 2019 (D) 2021 23. : Who introduced the concept of âSmart Contractsâ in the 1990s? (A) David Chaum (B) Nick Szabo (C) Gavin Wood (D) Vitalik Buterin 24. : What was Ethereumâs original fundraising method in 2014? (A) Mining Rewards (B) ICO (C) AirDrop (D) Hard Fork 25. : Which Ethereum co-founder later founded Cardano? (A) Gavin Andresen (B) Charles Hoskinson (C) Roger Ver (D) Jed McCaleb 26. : Which early project introduced the concept of Proof of Work before Bitcoin? (A) Hashcash (B) Ripple (C) Monero (D) Zcash 27. : Who created Hashcash in the 1990s? (A) Hal Finney (B) Adam Back (C) Nick Szabo (D) Wei Dai 28. : The first country to recognize Bitcoin as legal tender was? (A) Japan (B) Canada (C) El Salvador (D) Switzerland 29. : Which year did El Salvador adopt Bitcoin as legal tender? (A) 2019 (B) 2020 (C) 2021 (D) 2022 30. : Who was the U.S. President when Bitcoin was launched in 2009? (A) George W. Bush (B) Barack Obama (C) Donald Trump (D) Joe Biden 31. : Which major financial crisis set the stage for Bitcoinâs invention? (A) 1997 Asian Crisis (B) 2000 Dot-com Bubble (C) 2008 Global Financial Crisis (D) 2010 Eurozone Crisis 32. : Which term describes a major split in a blockchainâs history? (A) Hard Fork (B) Cold Wallet (C) Tokenization (D) Mining 33. : Bitcoin Cash was created from a hard fork in which year? (A) 2015 (B) 2016 (C) 2017 (D) 2018 34. : Who created Bitcoin Cash? (A) Satoshi Nakamoto (B) Roger Ver and others (C) Charlie Lee (D) Vitalik Buterin 35. : What does the term âGenesis Blockâ refer to? (A) The first block of Bitcoinâs blockchain (B) The first smart contract (C) The first crypto exchange (D) The first ICO 36. : In which year was the Genesis Block mined? (A) 2007 (B) 2008 (C) 2009 (D) 2010 37. : Who was the recipient of the first 10 Bitcoin mined? (A) Hal Finney (B) Nick Szabo (C) Roger Ver (D) No one, they stayed with Satoshi 38. : What message did Satoshi embed in the Genesis Block? (A) The Times 03/Jan/2009 Chancellor on brink of second bailout for banks (B) Bitcoin is the future (C) Cryptography will win (D) Money without banks 39. : What is the significance of Bitcoinâs first halving in 2012? (A) Reduced mining reward from 50 BTC to 25 BTC (B) Introduced Proof of Stake (C) Launched Ethereum (D) Created Bitcoin Cash 40. : Which year did Bitcoin first experience a halving? (A) 2010 (B) 2012 (C) 2014 (D) 2016 41. : Who is Andreas Antonopoulos in crypto history? (A) A miner (B) A leading Bitcoin advocate and educator (C) Founder of Litecoin (D) Founder of Binance 42. : Which early developer received Bitcoin from Satoshi and improved its code? (A) Gavin Andresen (B) Vitalik Buterin (C) Charlie Lee (D) Andreas Antonopoulos 43. : Which project was one of the earliest attempts at digital currency before Bitcoin? (A) DigiCash (B) Ethereum (C) Ripple (D) Binance Coin 44. : What does âBitcoin Maximalismâ refer to? (A) Belief only Bitcoin is necessary (B) Belief all altcoins are superior (C) Using Bitcoin for maximum profit (D) Mining only with maximum power 45. : When did Bitcoin first surpass the market capitalization of $100 billion? (A) 2015 (B) 2017 (C) 2019 (D) 2021 46. : Which U.S. agency first classified Bitcoin as a commodity in 2015? (A) SEC (B) CFTC (C) IRS (D) FBI 47. : Which year did the Ethereum DAO hack occur? (A) 2014 (B) 2016 (C) 2018 (D) 2020 48. : The DAO hack led to the creation of which cryptocurrency? (A) Ethereum Classic (B) Litecoin (C) Bitcoin Cash (D) Ripple 49. : Which phrase is often used to describe Bitcoinâs historical purpose? (A) Digital Gold (B) Digital Silver (C) Smart Coin (D) Crypto Cash 50. : Which decade laid the foundations for cryptocurrencies with digital money experiments? (A) 1970s (B) 1980s (C) 1990s (D) 2000s