Why might one doubt that current forms of digital money such

Why might one doubt that current forms of digital money, such as Bitcoin, will replace more traditional fiat currencies?

A) standard of value

B) store of value

C) means of payment

D) unit of account

E). All of the above

Solution

E. All of the above

Explanation: Bitcoins can fulfill all the four functions of money, namely standard of value, store of value, means of payment, and unit of account. So, one can have an apprehension that bitcoins can replace traditional currencies.