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.<br /><br />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.<br /><br />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.