The challenges of cryptocurrency

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Security Concerns

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Volatility

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Lack of Consumer Protections

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Scalability

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Anonymity and Illicit Use

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The challenges of cryptocurrency

Security Concerns

Vulnerable to hacks, fraud, and financial losses.

Volatility

High price volatility poses investment risks.

Lack of Consumer Protections

Lack of traditional bank-like dispute resolution protections.

Scalability

Some blockchains face slowdowns and higher fees during peak usage.

Anonymity and Illicit Use

Pseudonymity raises concerns about illegal activities.