What is the missing word (according to the course materials)? “__________ currency is “a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific _________ community.” Although there are different types of _______ currencies… (we will focus) on ______ currencies with “bidirectional flow” since these currencies intersect most directly with the real economy. _________ currencies with bidirectional flow may be bought and sold according to prevailing exchange rates and may be used to purchase both real and ________ goods and service…” (World Bank, 2014).Group of answer choicesVirtualDigitalMan-madeCrypto

What is the missing word (according to the course materials)? “One way to comprehend virtual currency is to first understand _______  currency. ______ currency is any legal tender designated and issued by a central authority that people are willing to accept in exchange for goods and services because it is backed by regulation and because they trust this central authority. ________ money is similar to commodity-backed money in appearance and usage, but differs in that it cannot be redeemed for a commodity, such as gold” (European Central Bank, 2012).

Which of the following words will you not use to describe cryptocurrency*Virtual currencyBlockchain technologyLegal tenderVolatile

Fill in the Blank QuestionFill in the blank question.Those who buy and sell currencies with the intent of reselling or repurchasing them at a profit are called currency .

We look at ____ to classify a token (such as payment, utility or investment tokens) - what is the missing word(s)?Group of answer choicesits way of issuanceits storage methodits way of transferits intended use

Multiple Choice QuestionWhat is another name for the stockpiles of foreign currencies held by governments that maintain a fixed exchange rate?Multiple choice question.International Monetary FundThe gold standardThe U.S. MintForeign-exchange reserves