Some arguments used against Crypto-Currency

[jackflag]

Personally, I am not satisfied with the cryptocurrency, only the speed of transactions and the increasing number of scams every day. Rats flee the ship without thinking about those who remain on it. However, despite all the problems, I see a huge potential for cryptocurrency in the future.

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[Isiaka208]

Out of many arguments against crypto is "it is widely used by terrorists and for terrorism" I get pissed hearing and reading all that from countries not willing to accept change. With all of the afforementioned, crypto is not dead yet.

[avonka]

Cryptocurrency is designed to be decentralized without any third party involved. This is a benefit but also a big risk for crypto as well. But, this could also  be and it is abused by scammers. Some regulation or self -regulation is needed to this space, otherwise it will be a chaos.

[Kasabus]

Personally, I am not satisfied with the cryptocurrency, only the speed of transactions and the increasing number of scams every day. Rats flee the ship without thinking about those who remain on it. However, despite all the problems, I see a huge potential for cryptocurrency in the future.

We can't deny that people are still wild guessing about crypto existence and they might think it as just a scam. May their mind and thoughts towards crypto will lighten up once crypto full established and all of these will be aided by the government's help. Market assurance is what the people is looking for, to have trust and confidence in doing investment.

[ujinice]

Cryptocurrencies have no place in the existing economic model, therefore, they are most likely to be considered as a digital equivalent of stocks and not a monetary unit.