10 Cryptocurrencies Myths 

By THOUSIF INC By THOUSIF INC

1. Digital Currencies Are Primarily Used for Illicit Activity 1. Digital Currencies Are Primarily Used for Illicit Activity

2. Digital Currencies Do not Have Any Value 2. Digital Currencies Do not Have Any Value

3. Cryptocurrencies Are not Secure 3. Cryptocurrencies Are not Secure

4. Digital Currencies Are Bad for the Environment 4. Digital Currencies Are Bad for the Environment

5. Cryptocurrencies Are a Scam 5. Cryptocurrencies Are a Scam

6. Cryptocurrencies Will Make You Rich Quickly 6. Cryptocurrencies Will Make You Rich Quickly

7. Cryptocurrency transactions leave no tracks 7. Cryptocurrency transactions leave no tracks

8. The risk of “hacking” is infinite 8. The risk of “hacking” is infinite

9. Cryptocurrencies Will Replace Fiat Currencies 9. Cryptocurrencies Will Replace Fiat Currencies

10. Cryptocurrency Blockchains are monetary cloud-like database 10. Cryptocurrency Blockchains are monetary cloud-like database

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