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:

Light-Independent Reactions

Also known as the Calvin cycle, these are chemical reactions in photosynthesis that convert carbon dioxide and other compounds into glucose, occurring without the direct need for light.

Carbon

A chemical element with symbol C and atomic number 6, known as the basic building block of life, present in all known life forms and the basis of organic chemistry.

PGAL

Phosphoglyceraldehyde, a three-carbon molecule that is an important intermediate in the photosynthetic conversion of carbon dioxide into glucose as well as in glycolysis.