Transactions in Virtual Currency Do Not Require Financial Institutions, and Can

question 1

Multiple Choice

Transactions in virtual currency do not require financial institutions, and can be conducted anonymously. With these features of virtual currency in mind, the most ethical action a user can take is to

• A)protect himself or herself.
• B)avoid the use of virtual currency entirely.
• C)use virtual currency exclusively.
• D)take advantage of those who are not aware of how virtual currency is used.

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Definitions:

Coherent Conception

A clear and logically connected idea or understanding of a complex aspect or entity.

Solidly Committed

A state of being deeply dedicated or obliged to a person, cause, or plan of action.

Values and Beliefs

Core principles or standards that guide behavior and perspectives on what is important in life.

Identity Moratorium

is a stage in Erik Erikson's theory of identity development, characterized by exploration without having reached a commitment to an identity.