Certified Bitcoin Professional Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Certified Bitcoin Professional Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your certification!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following is NOT considered an asset on a centralized ledger?

Bitcoin
Real Estate
Gold
Equities

The correct answer is: Gold

Gold is not considered an asset on a centralized ledger primarily because it is a physical commodity that exists outside of digital or centralized record-keeping systems. Centralized ledgers typically record ownership of digital assets or financial instruments that can be easily transacted and tracked within the system, such as Bitcoin, real estate titles, or equities (stocks). In contrast, Bitcoin is a digital asset on a decentralized ledger (the blockchain), while real estate and equities are typically recorded on centralized ledgers maintained by institutions that track ownership and transfers. Gold, being a physical asset, does not rely on a centralized record-keeping system in the same way that these other assets do, hence it falls outside the category of assets tracked on centralized ledgers.