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Bitcoin

Category - In the News

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In late 2013, the national mint in which of the following countries announced plans to create a physical, gold-backed Bitcoin?

United States
China
France
United Kingdom

Explanation

Answer: D - In late 2013, the national mint in the United Kingdom announced plans to create a physical, gold-backed Bitcoin. In early December of 2013, they proposed a physical Bitcoin that could theoretically be melted down and sold for its value in gold.

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