Fiat vs Crypto

The following are the categories of Finance, EXCEPT:

• Investment

• Accounting

• Savings

• Lending

The following are the functions of money, EXCEPT:

• Medium of Exchange

• Unit of Account

• Medium of Communication

• Store of Value

Below are the key characteristics for cryptocurrencies EXCEPT:

• Decentralised

• Pseudonymous

• Security

• Stability

The first cryptocurrency in the world

• Altcoin

• Bitcoin

• Ethereum

• Litecoin

Traditional finance requires intermediaries.

• True

• False