With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below.

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2 and 3 only. UPSC's official Series A key for CSP 2016, General Studies Paper I, lists option B for Question 66. Statement 1 is wrong. On 24 December 2013 the RBI said use of Bitcoins as a payment medium is not authorised by any central bank or monetary authority. Statement 2 holds, because bitcoin.org says an address is all you need to give to be paid. Statement 3 holds, because the Bitcoin white paper keeps public keys anonymous, with no information linking a transaction to anyone.

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