14 Questions
Which of the following is NOT a reason why checks are still widely used as a payment method?
Many businesses do not accept plastic
What percentage of small businesses do not accept credit cards as a payment method?
55%
Which of the following is a safety tip for using Venmo?
Change your account setting to private
Which of the following is a disadvantage of Bitcoin?
Bitcoin is highly volatile and can experience significant price fluctuations.
What is the advantage of Bitcoin compared to traditional forms of payment?
Bitcoin is fast and easy to transfer to locations around the world.
What is the role of blockchain in cryptocurrency transactions?
Blockchain records and stores all transactions across the network.
Why is it important to set your Venmo account to private?
To prevent fraud and protect against thieves pretending to be your friend.
Which of the following is NOT a reason why checks are still widely used as a payment method?
Many businesses do not accept plastic.
What percentage of small businesses do not accept credit cards as a payment method?
55%
What is one advantage of using checks as a payment method?
Creates a paper trail.
Which of the following is a characteristic of Bitcoin?
Bitcoin transactions are tax-free
What is the price of Ethereum as of July 10, 2022?
$1,032
Why is it important to check if something feels right when using Venmo?
To prevent fraud
What is the advantage of using blockchain technology in cryptocurrency transactions?
Blockchain technology makes transactions faster and easier
Discover why checks are here to stay with this insightful quiz! Explore the reasons why many businesses, schools, and individuals still rely on checks as a preferred payment method. Test your knowledge on the benefits of checks in an increasingly electronic age.
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