Respuesta :
Answer:
The correct answer is letter "D": unit of account and store of value.
Explanation:
Bitcoin is the first decentralized digital currency. It is also referred to as a virtual currency or a crypto-currency. Bitcoins are held in a digital wallet and can be sent over the internet. Bitcoin transactions are authorized using a digital signature. The transactions are verified usually within minutes by a network of miners. Once verified, the transaction is permanently stored on a public ledger known as The BlockChain.
Three are the functions of money: medium of exchange, store of value, and unit of account. In order to boost its use, a few merchants have started to accept Bitcoin as a medium of exchange but it still is not considered a unit of account since most items in the real world are valued in monetary terms. Also, it is not considered a store of value because, unlike money, Bitcoin cannot be saved in bank accounts earning interest. Bitcoins must be sold (at profit) to provide the holder revenues.
A digital coin that can be transferred without any control or bank is called Bitcoin. Bitcoins can be purchased with real currency and can be sent through networks.
It is computer-generated data that can be put in digital wallets.
The correct answer is:
Option D. unit of account and store of value.
The explanation for this is:
- Bitcoin is an electric payment method whose transaction data can be cached as documentation on a computer.
- Currency transactions serve purposes like value, account and mode of trade.
- However, bitcoin does not fulfill the roles that money as a currency serves.
- Although many people have started using Bitcoin, it cannot be accepted as a primary currency style because in everyday life the articles are prized by money only.
- It cannot be deposited in banks to earn credit.
Therefore the bitcoins fails to satisfy the functions as a unit of account and store of value.
To learn more about bitcoin refer to the link:
https://brainly.com/question/9643640
