Given below are two statements. In the light of the above statements, choose the correct answer from the options given below.

The correct reading is that the first statement is false while the second is true.

Statement 1 is false because the electronic space of the internet has not failed to displace institutional space even an iota, on the contrary it has visibly reshaped many institutional spaces.

Online activity has altered how governance, commerce, learning and social life operate, so its impact is far from nil.

Statement 2 is true because internet communication has, to a meaningful degree, broken down entrenched hierarchies of race, ethnicity and gender.

By letting people connect and speak beyond fixed social markers, it has opened participation that older gatekept channels restricted.

Since the first claim understates the internet's effect and the second states it correctly, only the second can be held true.