Practice Quiz

Bitcoin Quiz

Category - Bitcoin

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Several highly respected figures, ranging from Alan Greenspan to Chinese officials, have issued warnings about Bitcoin, citing which of the following risks?
  1. Lack of intrinsic value.
  2. Inflation.
  3. Deflation.
  4. None of the above.
Explanation
Answer: A - Several highly respected figures, ranging from Alan Greenspan to Chinese officials, have issued warnings about Bitcoin, citing its lack of intrinsic value. Others, however, have countered that Bitcoin does have value, using various explanations such as its usefulness for transactions.
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