Virtual Currency: Introduction and Characteristics
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Questions and Answers

VC value always remains stable due to the high demand in the market.

False

VC prices are not affected by speculations in the market and remain constant over time.

False

VC users are not exposed to any risk of loss while trading, investing, or accepting VCs.

False

VC users have legal protection available to them in case of unpleasant incidents involving VCs.

<p>False</p> Signup and view all the answers

VC transactions do not have a high degree of anonymity, making it easy to trace the real identities of the participants.

<p>False</p> Signup and view all the answers

VCs are not attractive to fraudsters, scammers, or individuals intending to engage in unlawful activities.

<p>False</p> Signup and view all the answers

VC users are not at risk of being affected if law enforcers crackdown on certain VC Exchanges.

<p>False</p> Signup and view all the answers

Using VCs eliminates any risks associated with online transactions and digital financial services.

<p>False</p> Signup and view all the answers

VCs are not prone to theft, hacking, or cyber threats like other online assets.

<p>False</p> Signup and view all the answers

Digital ledger technology that powers VCs does not have the potential to facilitate legitimate financial services.

<p>False</p> Signup and view all the answers

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