Which of the following is not true about cybercurrency? It is an alternate currency that does not go through the banking system. Bitcoin is one of several cybercurrencies. It does not involve the actual exchange of physical currency. It is not accepted by any legitimate businesses.
Which of the following is not true about cybercurrency? It is an alternate currency that does not go through the banking system. Bitcoin is one of several cybercurrencies. It does not involve the actual exchange of physical currency. It is not accepted by any legitimate businesses.
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 31MC: Which of the following is not true about cybercurrency? A. Bitcoin is one of several...
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![Which of the following is not true about cybercurrency?
It is an alternate currency that does not go through the banking system.
Bitcoin is one of several cybercurrencies.
It does not involve the actual exchange of physical currency.
It is not accepted by any legitimate businesses.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdaa1d25e-ddc0-4cf5-bb25-c4b1bddde2fb%2Ff5005805-7933-4725-a788-99cc84a1a364%2Fdfy9wr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is not true about cybercurrency?
It is an alternate currency that does not go through the banking system.
Bitcoin is one of several cybercurrencies.
It does not involve the actual exchange of physical currency.
It is not accepted by any legitimate businesses.
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