This is a Contributed Post
THE TOP PROS AND CONS OF CRYPTOCURRENCY
Over the last few years, cryptocurrency has rapidly taken over the world. From Bitcoin to Litecoin and Ethereum, they are now worth millions of dollars. But what are they?
A cryptocurrency is a digital asset which is designed specifically to work as a way of exchanging money. Securing financial transactions, verifying the transfer of assets and controlling the creation of additional units, it’s an incredibly complex concept to grasp.
Because of this, many people might be wondering whether or not they should invest in it (or use it as part of a side income). But that’s not the only downfall of cryptocurrency. You could also face issues with market fluctuations, no security over your assets and have to deal with the inability to trace transactions.
However, although there are several cons, there are notable pros that you should be aware of. To give you a better indication of the digital currency, today we will look at the pros and cons of cryptocurrency.