1. The boss wants to hear only important matters. In order to speak to the boss, you must run around the block 3 times, after which you receive a pass. The pass lets you into the boss' office. This is an example of:

a. Proof of work

b. Proof of stake

c. Hashing

2. Who is Satoshi Nakamoto?

a. Nobel prize winner

b. inventor of the enigma machine

c. nobody really knows

3. Electronic money must be

a. Portable, divisible, scarce, and regulated

b. Reliable, verifiable, private, and secure

c. Medium of exchange, unit of account, and store of value

4. One possible explanation for bitcoin's value is

a. Zipf's law

b. Digital gold

c. Metcalfe's law

5. For a network to have value, there must be

a. An exchange of information

b. An exchange of money

c. An exchange of goods and services

6. According to researchers, why did bitcoin's price spike in 2013?

a. Mt. Gox was hacked

b. The price was manipulated

c. The bitcoin halving...a reduction in the rate of new bitcoin production

7. Privacy is achieved by

a. Digital pseudonyms

b. Proof of steak

c. A Turing machine

8. What fundamental problem did bitcoin/blockchain solve?

a. Anonymity and tax evasion

b. The double-spend problem

c. Symmetric key transfer

9. Who are Alice, Bob, and Eve?

a. Representations used to describe cryptography

b. Inventors of Merkle Trees

c. The three people who first used bitcoin

10. What is the importance of a digital signature?

a. Allows anyone to validate the author of a message is who they say they are

b. It eliminates the need for time stamping

c. Biometric information cannot be encrypted

11. Who is Milton Friedman?

a. Nobel prize winner

b. inventor of the enigma machine

c. nobody really knows