Dutch High School Exam Features Bitcoin-Themed Questions

Mathematics questions pertaining to bitcoin have been included in current highschool matriculation examinations within the Netherlands. Approximately 200,000 Dutch college students are estimated to have taken the OVW examination, a compulsory take a look at for college students searching for tertiary schooling within the Netherlands, which included 5 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

1526648158 117 dutch high school exam features bitcoin themed questions - Dutch High School Exam Features Bitcoin-Themed QuestionsAccording to a tough translation of the examination paper circulating on Reddit, college students got the next query 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.”

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Following from the previous introduction, college students had been requested to resolve 5 totally different mathematical issues. The questions requested that college 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,” along with posing addition issues primarily based on the components used to employed to resolve the aforementioned questions.

Netherlands Warming to Cryptocurrency

1526648158 34 dutch high school exam features bitcoin themed questions - Dutch High School Exam Features Bitcoin-Themed QuestionsThe take a look at has been supplied to college students following growing recognition of cryptocurrency on the a part of Holland’s establishments.

During March, the Court of Amsterdam decided that bitcoin possesses “properties of wealth” while adjudicating a civil rights case between a person searching for compensation from an unfulfilled contract pertaining to bitcoin mining. The court docket 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, offered a nationwide blockchain analysis agenda, which had been commissioned by the Dutch Ministry of Economic Affairs and Climate Policy. The ministry had created a chosen committee, TopTeam ICT, tasked with analyzing the potential authorized, financial, and moral implications of distributed ledger know-how within the Netherlands.

Do you assume that extra faculties the world over will search to combine themes pertinent to bitcoin into examinations as cryptocurrency adoption grows? Share your ideas within the comments part below!

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