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Identify a Difference Between Fiat Currencies and Cryptocurrencies

Question 54

Multiple Choice

Identify a difference between fiat currencies and cryptocurrencies.


A) Unlike cryptocurrencies, fiat currencies are electronic currencies monitored by distributed peer networks.
B) Unlike cryptocurrencies, fiat currencies are not controlled by intermediaries.
C) Unlike cryptocurrencies, fiat currencies have no physical form.
D) Unlike cryptocurrencies, fiat currencies are declared to be legal tender by the government.

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