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Topic: Bitcoin Related Question Comes In a Admission Test Exam - page 2. (Read 300 times)

legendary
Activity: 3248
Merit: 1402
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More context would be really nice. Is it an English test of some sort? I see there are questions asking to translate stuff. So if Bitcoin and cryptos are mentioned, it's assumed to be common knowledge for the test-takers, right? Since the English test is not supposed to presume a specific background and ask about things that might simply not be familiar to people who are taking the test, correct? I hope it's indeed the case and people won't have trouble translating it because of not knowing what cryptos are because that would be unfair to test-takers IMO. Or is it some sort of universal test that also checks knowledge? I see some saying that the test question asks to say what Bitcoin is, but I'm honestly confused about the test in place because in my country we only have subject tests when being admitted to universities.
legendary
Activity: 2114
Merit: 2248
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I think A is the correct answer, but I also think C and D will be correct.
I don't know if Bitcoin could be termed as a token, AFAIK, tokens are cryptocurrencies which are built on the platform of some other project, like ERC-20 tokens are tokens which are built on ethereum algorithm.
Coins are those who have their own platform and operate on their algorithm, Bitcoin has it's own algorithm so it does not count as a token.

It could be described as a legal tender, as it has been used as such already.

I believe the options should only have included A and B to make the options more specific.
legendary
Activity: 1932
Merit: 4602
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I used several translators to understand what was written
https://twitter.com/mdjahid_hb/status/1445844549738242077

"What is Bitcoin?
 (A) Cryptocurrency (B) Fiatmoney (C) Legal tender (D) Token"
I think A is the correct answer, but I also think C and D will be correct.
legendary
Activity: 2520
Merit: 1113
looks like Bangladesh has come a long way and starting to recognize bitcoin's potential. I remember reading here in the forum when the time they declared banning bitcoin in the country.

anyway, would you mind translating the question and the answers? I'd love to know what the question was.
legendary
Activity: 2128
Merit: 1775
I like to see positive news for crypto in Bangladesh, especially the government and its policies towards Bitcoin, one thing I can say about this.

• Bangladesh, including poor countries, the majority of their income is below average compared to other countries, the bottom line: if Bangladesh legalizes as you say, I believe the economy of the Bangladeshi people in general will improve in terms of crypto investment and trading.

It's one of the perfect policies carried out by the ministry of Bangladesh, yes, hopefully a good start for crypto users there.
full member
Activity: 367
Merit: 136
Bangladesh is now becoming more positive in cryptocurrencies. Many ministries of govt. are now talking about blockchain technologies. We hope, very soon they will legalise the crypto industry.
A fun fact is that yesterday a govt. university creates an MCQ question about Bitcoin in the admission test.
https://twitter.com/AaravCarrel/status/1445844886238875648?s=20
06/10/2021 admission test
Rajshahi University - B Unit - Group 3
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