1. What is Cryptocurrency primarily used for? A) Online gaming B) Digital or virtual money C) Social media D) Online shopping

The correct answer is B) Digital or virtual money.Cryptocurrency is primarily used as a form of digital or virtual money. It is a decentralized digital currency that uses cryptography to secure and verify transactions, as well as to control the creation of new units. Cryptocurrencies operate independently of a central bank or government, and transactions are recorded on a public, distributed ledger called a blockchain.While cryptocurrencies can be used for various purposes, such as online gaming, social media, and online shopping, their primary function is to serve as a digital or virtual currency that can be used for buying and selling goods and services, as well as for investment purposes.