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Questions and Answers
Which of the following is NOT a type of digital currency?
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?
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?
Where can digital currency be recorded?
- Physical files
- Centralized electronic computer database (correct)
- Minted coins
- Printed banknotes
What distinguishes digital currencies from traditional currencies?
What distinguishes digital currencies from traditional currencies?
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What provides the physical form of digital currencies?
What provides the physical form of digital currencies?
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