Dutch High School Exam Features Bitcoin-Themed Questions
HomeCryptocurrency NewsCryptocurrencies Latest News

Dutch High School Exam Features Bitcoin-Themed Questions

Mathematics questions pertaining to bitcoin have been included in recent high school matriculation examinations in the Netherlands. Approxi...

Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area
New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs
Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank

Mathematics questions pertaining to bitcoin have been included in recent high school matriculation examinations in the Netherlands. Approximately 200,000 Dutch students are estimated to have taken the OVW exam, a mandatory test for students seeking tertiary education in the Netherlands, which included five bitcoin-themed questions.

Also Read: Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”

Dutch High School Examinations Feature Bitcoin-Themed Maths Questions

Dutch High School Exam Features Bitcoin-Themed QuestionsAccording to a rough translation of the examination paper circulating on Reddit, students were given the following question introduction:

“Bitcoin is a digital currency that only exists online. It has existed since January 1st, 2009, and can be used as payment method in webstores and for other online services. Bitcoin is not, like standard money, made by a central bank. Instead, all bitcoin that exist are created by having computers participate in solving specific mathematical problems. This works as follows: everyone can run special software on his or her computer that participates in solving such a mathematical problem. The owner of the computer that solves the problem receives 25 (newly created) bitcoin as a reward. Because it was the case that in 2014 such a problem is solved every 10 minutes, 25 new bitcoins were created every 10 minutes. On January 1st, there were (approximately) 12.2 million bitcoin.”

Following from the preceding introduction, students were asked to solve five different mathematical problems. The questions asked that students “calculate in what year the amount of bitcoin exceeded 18 million,” “calculate from which year on the reward will be less than one bitcoin,” “determine the maximal amount of bitcoin that can be in circulation,” in addition to posing addition problems based on the formula used to employed to solve the aforementioned questions.

Netherlands Warming to Cryptocurrency

Dutch High School Exam Features Bitcoin-Themed QuestionsThe test has been offered to students following increasing recognition of cryptocurrency on the part of Holland’s institutions.

During March, the Court of Amsterdam determined that bitcoin possesses “properties of wealth” whilst adjudicating a civil rights case between an individual seeking repayment from an unfulfilled contract pertaining to bitcoin mining. The court concluded that “bitcoin represents a value and is transferable” and “thus shows characteristics of a property right. A claim for payment in Bitcoin is, therefore, to be regarded as a claim that qualifies for verification.”

Earlier this month, the ambassador of the Dutch Blockchain Coalition, Rob van Gijzel, presented a national blockchain research agenda, which had been commissioned by the Dutch Ministry of Economic Affairs and Climate Policy. The ministry had created a designated committee, TopTeam ICT, tasked with analyzing the potential legal, economic, and ethical implications of distributed ledger technology in the Netherlands.

Do you think that more schools across the world will seek to integrate themes pertinent to bitcoin into examinations as cryptocurrency adoption grows? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


Need to calculate your bitcoin holdings? Check our tools section.

The post Dutch High School Exam Features Bitcoin-Themed Questions appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2Iu6c2s
Name

Bitcoin News,5117,Bitcoinist.com,4741,Cryptocurrencies,4741,Cryptocurrencies Latest News,5117,Cryptocurrency Latest News,4741,Cryptocurrency News,9858,
ltr
item
Cryptocurrency Latest News: Dutch High School Exam Features Bitcoin-Themed Questions
Dutch High School Exam Features Bitcoin-Themed Questions
https://news.bitcoin.com/wp-content/uploads/2018/05/shutterstock_642182779-768x768.jpg
Cryptocurrency Latest News
http://cryptocurrencylatest.blogspot.com/2018/05/dutch-high-school-exam-features-bitcoin.html
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/2018/05/dutch-high-school-exam-features-bitcoin.html
true
1236144943044321696
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy