Bitcoin has several features that set it apart from fiat currencies. They are___ A) It is centralized B) It is easy to set up and it is fast C) It is completely transparent D) A & B E) B & C

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 31MC: Which of the following is not true about cybercurrency? A. Bitcoin is one of several...
icon
Related questions
Question
Give typing answer with explanation and conclusion
Bitcoin has several features that set it apart from fiat currencies. They are___
A) It is centralized
B) It is easy to set up and it is fast
C) It is completely transparent
D) A & B
O E) B&C
Transcribed Image Text:Bitcoin has several features that set it apart from fiat currencies. They are___ A) It is centralized B) It is easy to set up and it is fast C) It is completely transparent D) A & B O E) B&C
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Alternative Investments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
International Financial Management
International Financial Management
Finance
ISBN:
9780357130698
Author:
Madura
Publisher:
Cengage
Pkg Acc Infor Systems MS VISIO CD
Pkg Acc Infor Systems MS VISIO CD
Finance
ISBN:
9781133935940
Author:
Ulric J. Gelinas
Publisher:
CENGAGE L
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Personal Finance
Personal Finance
Finance
ISBN:
9781337669214
Author:
GARMAN
Publisher:
Cengage