Which of the following statements about Bitcoin is/are correct? 1. It is a decentralized virtual currency. 2. It is generated through complex computer software systems. 3. The Reserve Bank of India recognized it as a legal tender in January 2016. Select the correct answer using the code given below.
- A.1 only
- B.1 and 2 only
- C.2 and 3 only
- D.1, 2 and 3
Show answer
Bitcoin is a decentralised digital currency created by computer software, but the Reserve Bank of India has never made it legal tender.
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