GK
BANKING AWARENESS AND SEBI
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Bitcoin is a____
|
|
Payment system
|
|
|
Internet Service Provider
|
|
|
Term used in share market
|
|
|
None of these
|
Explanation:
Detailed explanation-1: -Designed as a payment system, Bitcoin enables the transfer of value in the same way that bank transfers or card payments do. However, the term ‘Bitcoin’ can be confusing at times, as it does not always seem to refer to the same thing. Indeed, the term is used to refer to a currency, a protocol, and a network.
There is 1 question to complete.