What is the primary reason cryptocurrencies have value?
¿Cómo funcionan las criptomonedas? (Como Bitcoin)

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Science, Business
•
10th - 12th Grade
•
Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The material they are made from
Market interest and agreement
Government backing
Their physical usefulness
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are cryptocurrencies considered secure?
They are backed by gold
They use encryption and are decentralized
They require physical transactions
They are controlled by banks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 'block' in blockchain technology?
A government regulation
A type of cryptocurrency
A unique code for each transaction
A physical storage device
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does blockchain prevent fraud?
By storing data offline
By using a single central authority
By allowing only one person to record transactions
By having multiple users verify each transaction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main risk associated with investing in cryptocurrencies?
Government insurance
Guaranteed returns
Stable market conditions
Speculative and volatile market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How should one approach investing in cryptocurrencies?
As a guaranteed investment
As a safe and stable option
As a speculative bet
As a government-backed security
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you remember when entering the cryptocurrency market?
You are making a secure investment
You are betting and should only risk what you can afford to lose
You are protected by government policies
You will definitely make a profit
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