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DISADVANTAGES OF BITCOIN

DISADVANTAGES OF BITCOIN

Despite several benefits Bitcoin also suffers from some drawbacks. Since Bitcoins are not regulated by any central authority most people don’t have trust in this digital currency hence it is not accepted widely. With the increasing speculative activities and terrorism, many countries have either completely banned Bitcoin trading or have imposed strict regulations on it. Bitcoin prices are highly volatile. On the same day, you may witness it going from twenty thousand dollars to nine thousand dollars. This volatility makes…

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