| 1. Bitcoins are tracked by the Central Banks of the countries. |
| 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. |
| 3. Online payments can be sent without either side knowing the identity of the other. |
A) 1 and 2 only
B) 2 and 3 only
C) 3 only
D) 1, 2 and 3
Correct Answer: B
Solution :
(i) Bit coin are not maintained by the Central Bank. Bit coins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger. (ii) They?re not tracked by any central bank or authority. Both 2 and 3 are right.
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