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New Report Shows 98% Fail a Basic Crypto Quiz – Test Your Knowledge -Breaking

by Mike Robinson

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November is Crypto Literacy Awareness Month: New Report Shows 98% Fail a Basic Crypto Quiz – Test Your Knowledge

Crypto Literacy Month was launched in November to promote greater awareness of cryptocurrency and encourage consumers to learn more about it. The organizers shared survey results from the inaugural launch. They found that 98 percent failed to complete a quiz covering basic crypto concepts. Coinme and CoinDesk have supported the program.

Crypto Literacy Month focuses on education and awareness of the basic concepts and technology behind digital currencies and blockchain technology.
Neil Bergquist was the CEO and Cofounder of Coinme and Crypto Literacy Month during a telephone interview.

“The objective is to make people see the true value of digital currencies beyond what they read in headlines. It can confuse and lead to incorrect assumptions.”
Crypto Literacy Month is held each November – and this is its debut. CryptoLiteracy.org will feature a topic every week during November. In the weeks to follow, we will highlight non-fungible crypto tokens (NFTs), Decentralized Finance (DeFi) and other important security tips every crypto investor needs.

CrypoLiteracy.org also hosts the Crypto Literacy Quiz. The quiz can be taken by readers to assess their crypto knowledge. Bergquist says one way they’ll measure the success of this educationally focused campaign is driving home the importance of owning cryptocurrencies.

According to the results of our survey, people who have cryptocurrencies score higher than others. It reinforces the saying that you can learn most about Bitcoin by buying it. We can make it easier for people to understand digital currency’s value and its workings. This will allow them to reap the benefits of this technology while also lowering their risk.
He told me.

Flipside

  • Coinme and Coindesk are the main sponsors for Crypto Literacy Awareness Month.
  • Digital Currency Group holds deep investments in Coinme as well as Coindesk.
  • Despite those investments, there’s no conflict of interest in this innovative educational project.

Why you should care

It is important that we all commit to continuous learning. Crypto Literacy Awareness Month offers free resources we all can benefit from.

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