Podcast
Questions and Answers
Which characteristic does Bitcoin possess?
Which characteristic does Bitcoin possess?
- Imprinted nature (correct)
- Physical existence
- Analog origin
- Tangible form
What distinguishes Bitcoin from traditional currencies?
What distinguishes Bitcoin from traditional currencies?
- Traceable ownership
- Inherent value
- Centralized control
- Physical backing (correct)
In terms of physicality, how does Bitcoin compare to most forms of money?
In terms of physicality, how does Bitcoin compare to most forms of money?
- It is backed by gold reserves
- It is made of metal alloys
- It can be printed on paper
- It has no tangibility (correct)
What is a key feature of an electronic digital currency like Bitcoin?
What is a key feature of an electronic digital currency like Bitcoin?
Which aspect of money does Bitcoin disrupt the most?
Which aspect of money does Bitcoin disrupt the most?
When did the price of Bitcoin first reach $1,000?
When did the price of Bitcoin first reach $1,000?
How many digital currencies were there by March 2021?
How many digital currencies were there by March 2021?
At what price did Bitcoin reach $35?
At what price did Bitcoin reach $35?
Which year saw Bitcoin reaching a value of $19,000?
Which year saw Bitcoin reaching a value of $19,000?
How did the popularity of digital currencies vary?
How did the popularity of digital currencies vary?
Which of the following is a function of electronic money that is not typically associated with traditional money?
Which of the following is a function of electronic money that is not typically associated with traditional money?
Which of the following cryptocurrencies is not considered to be one of the most famous?
Which of the following cryptocurrencies is not considered to be one of the most famous?
How does electronic money differ from traditional money in terms of its origin?
How does electronic money differ from traditional money in terms of its origin?
Which of the following statements best describes the evolution of money?
Which of the following statements best describes the evolution of money?
Which of the following is not a characteristic of Bitcoin, as a form of electronic money?
Which of the following is not a characteristic of Bitcoin, as a form of electronic money?
