Bitcoin Word Problems
This worksheet presents a collection of word problems that apply mathematical concepts to the context of Bitcoin and cryptocurrency. The problems range from calculating the new value of an investment after a percentage increase, understanding the worth of Bitcoin mined, to figuring out the overall percentage change in Bitcoin price over the course of a day. It also includes scenarios that involve the supply of Bitcoin in wallets, the effect of transaction fees on Bitcoin transfers, market dominance metrics, the impact of market capitalization on dominance, price depreciation, trading volume, block reward halving, and the adoption rate of Bitcoin as a payment method.
The worksheet is designed to teach students about the mathematical calculations behind real-world financial concepts related to cryptocurrencies like Bitcoin. It helps students practice percentage increases and decreases, proportionality, and the application of fractions and decimals within financial contexts. The problems aim to develop students’ numerical literacy and their ability to analyze and solve problems that are relevant to modern financial technology. This includes understanding investment growth, market dynamics, and the effects of currency fluctuations on wealth and transactions.