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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
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B
2 and 3 only
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C
3 only
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D
1,2 and 3
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Solution

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.

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