Question

1. \private keys\ in crypto are best compared to:

a. a username that everyone can see
b. a password that gives access to your crypto
c. a public announcement
d. a mailing address

1. a common crypto scam involves:

a. government - required safety tutorials
b. \guaranteed high returns\ and pressure to invest fast
c. background checks before purchasing
d. slow, stable growth rates

short answer (1 - 2 complete sentences each)

1. what is one major difference between crypto and traditional money (like u.s. dollars)?
2. why do people say

ot your keys, not your coins\? what does it mean?

1. what is one step someone can take to protect themselves from crypto scams or fraud?

Explanation:

6.

A private key in crypto is like a password. It is used to access and manage one's cryptocurrency. A username (A) is public, a public announcement (C) is for wide - spread info sharing, and a mailing address (D) is for physical correspondence. A password (B) is private and gives access, similar to a private key.

Crypto scams often use the lure of "guaranteed high returns" (B) to pressure people into investing quickly. Government - required safety tutorials (A) are for protection, background checks (C) are for legitimate processes, and slow, stable growth (D) is a characteristic of some legitimate investments, not scams.

One major difference is that traditional money (like U.S. dollars) is issued and regulated by a central authority (e.g., a government or central bank). Cryptocurrency, on the other hand, is often decentralized, meaning there is no single central authority controlling its issuance and transactions.

Answer:

B. A password that gives access to your crypto

7.