What is the smallest unit of a Bitcoin called? (1/100,000,000)

• A sat, or satoshis

Who is the pseudonymous creator of Bitcoin?

• Satoshi Nakamoto

When was the Bitcoin network launched?

• January 3rd, 2009

What was Satoshi targeting through the creation of Bitcoin?

• Centralization
• Censorship
• Trust in 3rd parties

What is the Bitcoin White Paper?

• Satoshi’s outline for Bitcoin

Bitcoin is decentralized. What does this mean?

• The network is stored on many machines globally

Up until Bitcoin’s release, who controlled the entire production of money?

• Central banks
• Governments

What is self-custody?

• Storing your Bitcoin yourself

Since no person(s) can stop others from using Bitcoin, it is __________________.

• Censorship-resistant

What were Satoshi’s two main objectives with Bitcoin?

• Separate money from central authority
• Create a fair and reliable money