Question

With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/ are correct?
1. Bitcoins are tracked by the Central Banks of the countries.
2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address.
3. Online payments can be sent without either side knowing the identify of the other.
Select the correct answer using the code given below.

• A. $1$ and $2$ only
• B. $2$ and $3$ only
• C. $3$ only
• D. $1,2$ and $3$

Answer 1

The correct option is B $2$ and $3$ only

Bitcoins are tracked by the entity/ individual which transfers but not by the central banks of the world.