Câu hỏi:

17/07/2024 3,458 Lưu

Read the following passage and mark the letter A, B, C, or D to indicate the correct answer to each of the questions from 29 to 33.

Cryptocurrency is like digital money that exists only on the internet. It's not like the cash you can hold in your hand or the coins you can jingle in your pocket. Instead, it's stored in a digital wallet on your computer or smartphone.

The most famous cryptocurrency is called Bitcoin. It was created in 2009 by someone using the name Satoshi Nakamoto. Since then, lots of other cryptocurrencies have been made, like Ethereum, Ripple, and Litecoin. Each one works a bit differently and has its own special features.

What makes cryptocurrencies special is that they don't need a bank or government to control them. Instead, they use something called blockchain technology. This is like a big digital record book that keeps track of every transaction ever made with that cryptocurrency. It's super secure and almost impossible to fake.

People use cryptocurrencies for all kinds of things. Some buy them as an investment, hoping the value will go up over time. Others use them to buy things online or send money to friends and family around the world. Cryptocurrencies can be sent from one person to another quickly and cheaply, without needing a middleman like a bank.

But cryptocurrencies can also be risky. Their value can go up and down a lot, like a rollercoaster. And because they're digital, if you lose your digital wallet or forget your password, you could lose all your cryptocurrency forever.

In conclusion, cryptocurrencies are a new kind of money that's changing the way we think about finance. They're exciting, but they come with risks, so it's important to be careful when using them.

What would be the best title for the passage? 

A. Cryptocurrency: The Future of Money in the Digital Age 
B. A Revolution in Finance with Digital Wallet 
C. Opportunities and Risks of Bitcoin in the Future 
D. Decentralized Digital Currency and Its Implications

Quảng cáo

Trả lời:

verified Giải bởi Vietjack

Chọn đáp án A

Câu hỏi cùng đoạn

Câu 2:

What distinguishes cryptocurrency from traditional cash? 

A. It is tangible and can be held in hand. 
B. It exists only in digital form on the internet. 
C. It is controlled by banks and governments. 
D. It cannot be stored on blockchain.

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verified Giải bởi Vietjack

Chọn đáp án B

Câu 3:

What does the word "they" in paragraph 3 refer to? 

A. special features 
B. cryptocurrencies 
C. banks 
D. governments

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verified Giải bởi Vietjack

Chọn đáp án B

Câu 4:

What does the word "middleman" in paragraph 3 mostly mean?

A. A person who mediates between two parties in a transaction.

B. An individual who holds cryptocurrencies on behalf of others.

C. A government authority overseeing cryptocurrency transactions.

D. A digital platform used for trading cryptocurrencies.

Xem lời giải

verified Giải bởi Vietjack

Chọn đáp án A

Câu 5:

What is one of the risks associated with cryptocurrencies mentioned in the passage? 

A. They are stable and secure so they are exclusively used for illegal transactions. 
B. Their value does not fluctuate much so it is largely considered a high-risk investment. 
C. Loss of access to your digital wallet can result in permanent loss of cryptocurrency.
D. They are backed by physical assets like gold so they are a reliable investment.

Xem lời giải

verified Giải bởi Vietjack

Chọn đáp án C

CÂU HỎI HOT CÙNG CHỦ ĐỀ

Câu 1

A. inform                          

B. information                   
C. informative                   
D. informatively

Lời giải

Chọn đáp án A

Câu 2

A. prominent                     

B. notorious                       
C. sentimental                  
D. obscure

Lời giải

Chọn đáp án A

Câu 3

A. Understanding the Federal Reserve: America's Financial System 
B. The Role of the Fed: Maintaining Economic Stability 
C. The Federal Reserve: Guardians of All Americans 
D. Exploring the Fed: Analyzing America's Financial Health

Lời giải

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Câu 4

A. Which events not only pose immediate dangers to human lives and infrastructure

B. What is not only events posing immediate dangers to human lives and infrastructure

C. These events not only pose immediate dangers to human lives and infrastructure

D. Not only does these events pose immediate dangers to human lives and infrastructure

Lời giải

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Lời giải

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Câu 6

A. passed out 
B. came across 
C. gave up 
D. tried on

Lời giải

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