What is the main reason criminals might avoid using the network discussed in the video?
Facebook Says Criminals Will Not Want to Be on New Crypto Network

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accounts are pseudonymous, not anonymous.
The network is too slow for transactions.
The network charges high transaction fees.
The network is not widely accepted.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the effectiveness of current anti-money laundering efforts limited?
Law enforcement lacks resources.
There are too many digital currencies.
Digital networks are too secure.
Most money laundering occurs in cash transactions.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is required to convert fiat money into the digital currency discussed?
A personal digital wallet.
Going through regulated entities.
A high credit score.
Approval from a financial advisor.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the Libre Association in the digital currency ecosystem?
To govern the network and ensure stability.
To manage consumer transactions directly.
To set exchange rates for the currency.
To provide loans to digital currency users.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is transparency and accountability important for the Libre Association?
To increase the speed of transactions.
To ensure the stability of the digital currency.
To attract more investors.
To reduce transaction fees.
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