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Question

Out of the statements given below, one statement may be grammatically and contextually correct. Choose the correct statement as your answer. If all the statements are correct, choose E, i.e, ‘All correct’.

A Bitcoin and other cryptocurrencies are generally perceive as assets, currencies or both. Correct Answer Incorrect Answer
B As impactful as cryptocurrencies have been as tools of speculation in current financial markets, the narrative behind the existing technology holds the key to breaking it and most fads down. Correct Answer Incorrect Answer
C Cryptocurrencies are computer-managed ledger entries that can function as money if someone is willing to value these entries as money and use it in transactions. Correct Answer Incorrect Answer
D Cryptocurrencies inherently possess no value whatsoever, which are valued at high prices. Correct Answer Incorrect Answer
E All are correct Correct Answer Incorrect Answer

Solution

A- Bitcoin and other cryptocurrencies are generally perceived as assets, currencies or both. C- Cryptocurrencies are computer-managed ledger entries that can function as money if someone is willing to value these entries as money and use them in transactions. D- Cryptocurrencies inherently possess no value whatsoever, but are valued at high prices. Here, two contradictory statements are mentioned. Hence, ‘but’ should be used.

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