Which of the Following Statements Is Not True of Cryptocurrency

question 22

Multiple Choice

Which of the following statements is not true of cryptocurrency?

• A)Cryptocurrency is only centralized by two banks worldwide.
• B)Cryptocurrency uses codes to keep information secret.
• C)Cryptocurrencies are decentralized, without any government oversight.
• D)Cryptocurrencies are a medium of exchange, just as other forms of money.

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Definitions:

Quotient

The result obtained from dividing one number by another.

Rounded

The process of adjusting a number to its nearest value, often to a specified number of decimal places, for ease of reading or reporting.

Median

After organizing a dataset in ascending or descending sequence, the median is identified as the middle point.

Mean

A measure of central tendency representing the central or typical value in a dataset, calculated as the sum divided by the number of data points.