You are viewing a single comment's thread from:
RE: Steemit Crypto Academy Contest / S2W1 - How Cryptocurrency has Shaped the Financial Realm. What is Its Future? By @elnieno
- Loss of Assets
The presence of cryptocurrencies that run on a digital system sometimes makes investors and traders lose their assets if they make transactions to the wrong address because assets cannot be returned.
Yes this is the major problem of the cryptocurrency market but it can be solved if we rechecked the reciever adress two or 3 time at the time of sending.
Cryptocurrency has a decentralized system where there is no third party or central authority in managing finances
Yes it is a decentralized currency that means no third party involved in it.
Thanks for sharing your thoughts about crypto with us....
Thank you brother, you have a very good understanding of cryptocurrency