Bitcoins: here to stay? | Baamboozle - Baamboozle

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true or false : James Howells bought his Bitcoins on the internet

False: He earned them by solving math problems

true or false: governments don't take the Bitcoin very seriously.

False - are thinking about the consequences of such monetary system

true or false : the value of the bitcoin greatly increased in its first four years

true

What happens with the data if a hard disk is underwater for some time?

They are pretty tough , they might still contain the data.

What is an IT expert?

It's an Information Technology expert

true or false : Howells kept his Bitcoins in an online bank account

False; He kept them on a hard disk

true or false : some people believe the bitcoin is the future of money

true

What are the experts predictions about the money in the future?

Countries won't be paying their bills in their own money any longer

What did Howells do with the old hard disk?

He threw that away

What does the term "mining" mean?

It's a way of earning Bitcoins by solving complicated math problems

true or false : there is no chance Howells will ever find his Bitcoin fortune

False: Small chance he could find them

What happens with the data if a hard disk is in contact with magnets?

Magnets can erase the data.