Irreversible Loss of Wallet: Losing the private key to your cryptocurrency wallet means losing access to your digital funds forever, as there's no way to recover it.
Beware of Cryptojacking: Cryptojacking involves scammers using your device's processing power to mine cryptocurrency without your consent.
Unknown Creator of Bitcoin: The identity of the individual or group behind the creation of Bitcoin, known as Satoshi Nakamoto, remains a mystery.
Extreme Volatility: Cryptocurrency values are highly volatile, influenced by external factors similar to traditional stock markets.
China Dominates Mining: China holds a significant majority, around 75%, of the global cryptocurrency mining network, contributing to the verification of transactions on the blockchain's distributed ledger.
Inability to Physically Ban Cryptocurrency: Despite discussions of banning cryptocurrency in some regions due to concerns such as central bank disruption and lack of government control.
Cryptocurrency and E-commerce: Cryptocurrency offers potential benefits for e-commerce, particularly in regions with limited access to traditional banking services. Digital currencies provide a payment option for diverse populations.