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Advantages and disadvantages of cryptocurrencies
Advantages and disadvantages of cryptocurrencies
The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure. The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.

Advantages and disadvantages of cryptocurrencies

  1. High risk and the possibility of high profits
  1. Understanding cryptocurrencies takes time and effort