English Language · Reading Comprehension
The author refers to the advent of cryptocurrency as a 'profound ontological rupture.' What is the primary structural function of this phrase in the context of analyzing monetary evolution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To underscore the unique, technology-driven challenges, such as smart contract security, within the emerging decentralized financial ecosystem.
- 2To introduce the idea of 'programmable money' as the inevitable final stage in the evolution from commodity to digital assets.
- 3To establish a clear conceptual divide between the trust-based nature of fiat currency and the consensus-based nature of Distributed Ledger Technology (DLT).✓
- 4To critique the post-Bretton Woods system for failing to fully consolidate the dual functions of money under sovereign control.
Correct answer
To establish a clear conceptual divide between the trust-based nature of fiat currency and the consensus-based nature of Distributed Ledger Technology (DLT).
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for English Language?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Reading Comprehension MCQs →Want more practice questions on Reading Comprehension?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in English Language · Reading Comprehension