Which of the Following Statements About Bitcoin Is Not True

question 67

Multiple Choice

Which of the following statements about Bitcoin is not true?

• A) The computational power required to mine Bitcoins has increased over time.
• B) Bitcoins are completely secure.
• C) Bitcoins are illegal in some countries.
• D) In 2018, Bitcoin reprsented just under 40% of the full market for cryptocurrencies.

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Definitions:

Sociocultural Theory

The approach that emphasizes how cognitive development proceeds as a result of social interactions between members of a culture.

Cognitive Development

The process of growth and change in intellectual capabilities that occurs throughout childhood and adulthood, influencing how one understands the world.

Humanistic Perspective

The theory contending that people have a natural capacity to make decisions about their lives and control their behavior.

Rational Decisions

Choices made based on logical reasoning and objective analysis rather than emotion or personal preference.