FIN546 CRYPTOCURRENCY

What is the main technology that underpins cryptocurrency?

• Artificial Intelligence

• Blockchain

• Cloud Computing

• Internet of Things

Which of the following is NOT a characteristic of cryptocurrency mentioned in the slides?

• Decentralized governance

• Unit of account

• Store of value

• Fixed price stability

What is the main purpose of crypto tokens compared to coins like Bitcoin?

• Issued by banks

• Used only for mining purposes

• Built on top of other blockchains

• Only used in Malaysia

According to the slides, what is one major issue facing cryptocurrency adoption in Malaysia?

• Fixed low price of cryptocurrency

• Excessive government subsidies

• Too many crypto retailers

• Lack of government regulations

What can be done to enhance public trust and reduce fear towards cryptocurrencies?

• Increase price volatility

• Limit education on technology

• Enhance public awareness and education

• Reduce the number of crypto wallets available

What is type of cryptocurrency

• Ethereum

• Altcoin

• PayPal

• Shiba Inu