Digital Currency Quiz
5 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a type of digital currency?

  • Central bank digital currency
  • Virtual currency
  • Fiat currency (correct)
  • Cryptocurrency
  • What is the primary medium of exchange for digital currencies?

  • Stored-value cards
  • Minted coins
  • Physical banknotes
  • Digital computer systems (correct)
  • Where can digital currency be recorded?

  • Physical files
  • Centralized electronic computer database (correct)
  • Minted coins
  • Printed banknotes
  • What distinguishes digital currencies from traditional currencies?

    <p>They are primarily managed on digital computer systems</p> Signup and view all the answers

    What provides the physical form of digital currencies?

    <p>Computer to computer interactions</p> Signup and view all the answers

    More Like This

    Elon Musk and the Digital Currency Market
    5 questions
    Electronic Currency Quiz
    5 questions

    Electronic Currency Quiz

    TrustingHaiku8236 avatar
    TrustingHaiku8236
    Use Quizgecko on...
    Browser
    Browser