Which of the Following Statements Relating to 'Bitcoin' Is Incorrect

Multiple Choice

Which of the following statements relating to 'bitcoin' is incorrect?

A) Bitcoins are controlled by one central authority.
B) Bitcoin is a digital currency that is created and held electronically and stored in a digital wallet which exists on a user's computer or in the cloud.
C) People who own bitcoins can send them to each other using their computers or mobile applications without the use of a bank to facilitate the transaction.
D) Bitcoins are still in their infancy and therefore have a lot of volatility with frequent price changes.