101.5 Lesson - copyBitcoin

Screen: copyBitcoin

Headline: If Bitcoin is digital money, can’t someone just copy it — and create free money?

Reward: 3

Text: The value of a bitcoin can never be copied. This is the very reason why Bitcoin is such a powerful new invention!! Most digital files — such as an iPhone photo, an MP3 song, or a Microsoft Word document — can easily be duplicated and shared. The Bitcoin software uniquely prevents the duplication — or “double spending” — of digital money. We will share exactly how this works later on!

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QUIZ

Question: If Bitcoin is digital money, can’t someone just copy it — and create free money?

Answer: No — it is impossible to copy or duplicate the value of bitcoin

Feedback: copy or duplicate the value of bitcoin

Correct: true

Answer: Yes, you can copy bitcoins just as easily as copying a digital photo

Feedback: You know that it is not true. Try again.

Correct: false

Answer: Yes, but copying bitcoin requires very specialized computers

Feedback: Incorrect. There is no way for anyone to copy, or create a duplicate, of bitcoin.

Correct: false