Which of These Technical Components Best Represents Why Cryptocurrency Is

question 144

Multiple Choice

Which of these technical components best represents why cryptocurrency is able to operate successfully?

• A) An immutable digital ledger that is validated and distributed across many peers
• B) Using API calls, cryptocurrency having a direct correlation to USD exchange rates
• C) High performance computing power allows cryptocurrency to be minted just as a central government might do with fiat currency
• D) Blockchain cryptocurrency transactions are always public which generates user trust and adoption

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Definitions:

Subdued

Characterized by a lack of intensity, excitement, or activity; often quiet or restrained.

Regionalization

The process of dividing an area into smaller regions for administrative, economic, or cultural purposes, often to enhance governance or focus on regional specifics.

European Union

A political and economic union of 27 European countries that are tied by a common market and customs union, allowing for the free movement of people, goods, services, and capital.

Living on $1

Refers to the challenge or condition of surviving on one dollar per day, highlighting extreme poverty faced by individuals in some regions.