Based on the information in “From Barter to Bitcoin,” one can conclude that bitcoin is unlikely to be a form of currency used by young people any time soon.
A. “It first appeared in 2009.”
B. “In mid-2018, one bitcoin was worth $6,100.”
C. “They are just the latest development in the long history of money.”
D. “Bitcoin is the most widely used cryptocurrency today.”
Based on the information in the time line, how long after computerized banking was introduced did online banking become popular with the public?
A. 10 years
B. 20 years
C. 30 years
D. 40 years
Which statements best describe how the author uses more than one structure to present information in “From Barter to Bitcoin”?
Select the two correct answers.
A. The author describes problems that arise with the use of some currencies and explains how new currencies are developed as solutions.
B. The author explains causes for the fluctuation of the value of money and describes how these changes affect people.
C. The text uses chronology to explain how the use of credit has changed since it was introduced.
D. The text uses comparison to show how the use of currency has progressed differently around the world.
Refer to the article “From Barter to Bitcoin” in your Money, Money, Money magazine for a complete version of this text.
Based on the information in “From Barter to Bitcoin,” why is wampum, the currency used by Native Americans, replaced by other currencies?
A. Europeans introduce their own form of currency in North America.
B. Europeans begin making it and flood the market, making wampum lose its value.
C. It is too time-consuming to produce it compared with other options for currency.
D. It becomes too expensive to find the materials to make wampum.
These are all question's I have to answer form "Barter to Bitcoin" please help.
Answers: 2
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