Podcast
Questions and Answers
Which of the following is NOT a reason why checks are still widely used as a payment method?
Which of the following is NOT a reason why checks are still widely used as a payment method?
- Many businesses do not accept plastic (correct)
- Saves money on processing fees
- Checks create a paper trail
- Person-to-person transactions
What percentage of small businesses do not accept credit cards as a payment method?
What percentage of small businesses do not accept credit cards as a payment method?
- 55% (correct)
- 75%
- 45%
- 65%
Which of the following is a safety tip for using Venmo?
Which of the following is a safety tip for using Venmo?
- Only use Venmo with people you don't trust
- Change your account setting to private (correct)
- Don't set up a PIN or Touch ID
- Store large balances on Venmo
Which of the following is a disadvantage of Bitcoin?
Which of the following is a disadvantage of Bitcoin?
What is the advantage of Bitcoin compared to traditional forms of payment?
What is the advantage of Bitcoin compared to traditional forms of payment?
What is the role of blockchain in cryptocurrency transactions?
What is the role of blockchain in cryptocurrency transactions?
Why is it important to set your Venmo account to private?
Why is it important to set your Venmo account to private?
Which of the following is NOT a reason why checks are still widely used as a payment method?
Which of the following is NOT a reason why checks are still widely used as a payment method?
What percentage of small businesses do not accept credit cards as a payment method?
What percentage of small businesses do not accept credit cards as a payment method?
What is one advantage of using checks as a payment method?
What is one advantage of using checks as a payment method?
Which of the following is a characteristic of Bitcoin?
Which of the following is a characteristic of Bitcoin?
What is the price of Ethereum as of July 10, 2022?
What is the price of Ethereum as of July 10, 2022?
Why is it important to check if something feels right when using Venmo?
Why is it important to check if something feels right when using Venmo?
What is the advantage of using blockchain technology in cryptocurrency transactions?
What is the advantage of using blockchain technology in cryptocurrency transactions?
