2
QuizMultiple Choice

Earning Income — Test

Question 2 • Personal Finance

Which best defines digital currency?

Answer
A
Money online that uses cryptography and blockchain technology.
B
Money exclusively used for video games and virtual worlds.
C
Digitized images of physical bills and coins.
D
An online payment system with instant bank transfers.

Explanation

Digital currency is money that exists in electronic form and may use cryptography and blockchain technology to secure and record transactions. Choice A gives this definition. It is not limited to games, nor is it merely an image of physical money or a bank-transfer service.

AI-written and checked against the verified answer.

Previous
Next