All of the Following Statements Regarding Bitcoin Transactions Are True

question 91

Multiple Choice

All of the following statements regarding bitcoin transactions are true EXCEPT

• A) no permanent record of bitcoin transactions exist.
• B) bitcoin transactions are now more prevalent than cash transactions.
• C) retailers pay a lower processing cost for bitcoin transactions than for credit card transactions.
• D) bitcoin transactions are final and unlike credit card transactions, cannot be disputed by the buyer.

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Definitions:

Differences

The distinguishing characteristics or variations between items, individuals, concepts, or situations.

Strong

Possessing physical power, emotional resilience, or other attributes that enable effectiveness, stability, or endurance in a variety of contexts.

Weak

Lacking strength, effectiveness, or firmness, either in physical capacity, argumentative soundness, or character.

Invisible Ice

A phrase that may describe ice that blends with its surroundings, making it hard to detect, such as black ice on roads.