Which of the below is NOT a current characteristic of a cryptocurrency? A) The decentralization involves only two parties in the transaction, i.e., the sender and receiver. There is no third party such as a bank or an investment company to monitor the investor's actions. The blockchain technology will manage the database that has the bitcoin transaction records. B) Cryptocurrencies permit low cost trading and offer anonymity. C)The best part of using cryptocurrency is that every transaction you carry out with the recipient would be unique. You can get into terms negotiation in every deal. D) Cryptocurrencies are relatively low-risk-low return investments suitable for people with fixed incomes since they have fairly stable and predictable values.

Which of the below is NOT a current characteristic of a cryptocurrency? A) The decentralization involves only two parties in the transaction, i.e., the sender and receiver. There is no third party such as a bank or an investment company to monitor the investor's actions. The blockchain technology will manage the database that has the bitcoin transaction records. B) Cryptocurrencies permit low cost trading and offer anonymity. C)The best part of using cryptocurrency is that every transaction you carry out with the recipient would be unique. You can get into terms negotiation in every deal. D) Cryptocurrencies are relatively low-risk-low return investments suitable for people with fixed incomes since they have fairly stable and predictable values.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter18: Money And The Federal Reserve System

Section: Chapter Questions

Problem 5SQ

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