Cryptocurrency a digital asset designed to function as a medium of exchange has been gaining mainstream attention in recent years. Initially the concept of digital currency was considered a niche but as the technology has matured and become more widely adopted cryptocurrency has now become a mainstream financial instrument. However, like any other financial instrument cryptocurrency carries both opportunities and risks. In this article, we will explore the opportunities and risks of cryptocurrency going mainstream.
Opportunities of Cryptocurrency
Decentralization
One of the most significant benefits of cryptocurrency is its decentralized nature. Unlike traditional banking systems, where financial transactions are processed …