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:

Competence

The ability to do something successfully or efficiently, often requiring specific knowledge, skills, or qualifications.

Objectivity

The principle of evaluating and presenting information in an unbiased manner, based on observable phenomena and facts, especially important in financial reporting and analysis.

Vision

A statement or idea about the future direction or objectives of an organization or individual.

Desired Future State

A vision or definitive goal an organization or individual aims to achieve in the future.