QUIZ: Cryptocurrencies, what’s the Future?

I. Risk
II. Lack of trust in a government's traditional role as an issuer of fiat money
III. Possibility of huge profits
IV. Greed

Which of the options given above is/are correct:

I. SEC
II. The Federal Reserve
III. The President
IV. IRS

Which of the options given above is/are correct:

I. Silver
II. Gold
III. Cash
IV. Futures contract

Which of the options given above is/are correct:

Statement I: The cryptocurrency world was stunned, rocked, and shaken by the FTX scandal in November 2023.
Statement II: The name makes a Cryptocurrency sound like money, but it is not money, but it can be a medium of exchange.
Statement III: Cryptocurrencies can be used in exchanged if the two parties agree.

Which of the above Statement(s) is/are correct:

1. 
2. only.
3. II only.
4. .

Statement I: Bitcoin is a currency regulated by the Federal Reserve, created to compete and possibly replace the USD.
Statement II: Bitcoin was the first cryptocurrency created.
Statement III: While it is difficult to pin point a singular specific reason, the most common quoted is a lack of trust in a governments' traditional role as an issuer of fiat money.
Which of the above Statement(s) is/are correct:
1. 
2.  only.
3. I only.
4. .

Statement I: Inflation and deflation are two examples of price instability.
Statement II: Cryptocurrencies are issued and backed by the Federal Reserve.

Which of the following option is correct: