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    Question

    Which of the following regarding bitcoin is False

    A It is a digital virtual currency Correct Answer Incorrect Answer
    B It uses block chain technology. Correct Answer Incorrect Answer
    C There is no regulator behind the currency system Correct Answer Incorrect Answer
    D The currency has tremendous stability in pricing Correct Answer Incorrect Answer
    E In India, it does not have the backing of RBI. Correct Answer Incorrect Answer

    Solution

    Bitcoin price is highly volatile currency. Recently it crossed the $20,000 mark within a short time after crossing the $10,000 mark. Central banks and security exchanges of many countries have issues warning against investing in bitcoin

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