Which of the following is true about Bitcoin and crypto currency? A. Bitcoin is better...

50.1K

Verified Solution

Question

Finance

Which of the following is true about Bitcoin and crypto currency? A. Bitcoin is better than paper money because its supply is limited. B. Strictly speaking, bitcoin are other crypto currencies are not currencies, although they are investment assets. C. The blockchain technology used by Bitcoin is an important innovation, but its potential applications are only limited to the financial markets. D. It is safe to hold Bitcoin because no one can steal it.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students