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Exin BLOCKCHAINF Exam - Topic 4 Question 27 Discussion

Cryptocurrencies have all the same characteristics as fiat currencies?
B) False
A) True

Exin BLOCKCHAINF Exam - Topic 4 Question 27 Discussion

Actual exam question for Exin's BLOCKCHAINF exam
Question #: 27
Topic #: 4
[All BLOCKCHAINF Questions]

Cryptocurrencies have all the same characteristics as fiat currencies?

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Suggested Answer: B

by Oretha at Jun 16, 2022, 02:15 AM

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Gayla
10 months ago
I thought they were completely different, what's the deal?
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Lorrine
10 months ago
Totally agree, they have different values and regulations!
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Clement
10 months ago
Wait, are people really saying they're the same?
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Keneth
10 months ago
Not really, crypto isn't backed by a government.
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Whitney
11 months ago
They both serve as a medium of exchange.
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Sunny
11 months ago
I was confused about this in class; I thought they were similar in some ways, but I guess they really aren't the same. I might lean towards false.
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Franklyn
11 months ago
I'm not entirely sure, but I think we covered how cryptocurrencies can be used for transactions like fiat, but they don't have the same legal status.
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Wai
11 months ago
I remember discussing how cryptocurrencies lack some characteristics of fiat, like being backed by a central authority. So I think it's false.
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Magdalene
11 months ago
I feel like this is similar to a practice question we did about the differences between digital and traditional currencies. I think the answer is false.
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Corinne
11 months ago
Ah, I think I've got it! reduce is an action operation, not a transformation. I'll go with D.
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Jeffrey
11 months ago
I'm a little confused by the wording of this question. Is it asking about creating a cart or creating an order? I want to make sure I fully understand the context before selecting an answer.
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Caprice
11 months ago
I'm leaning towards option C, specifying the PrincipalOrgId as the principal. That seems like the most efficient way to grant access to all users in the organization without having to list out individual account numbers.
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