15 Cryptocurrency Facts You Should Know

By THOUSIF INC

Digital currencies are exceptionally volatile.

1

Cryptocurrencies have no fundamental backing.

2

There are more than 1,300 cryptocurrencies.

3

Blockchain is where the real value lies.

4

"Miners" play a critical role.

5

 Decentralization is key

6

 Blockchain has numerous other advantages.

7

Blockchain is not perfect, either.

8

Several brand-name businesses are testing blockchain technology.

9

The barrier to entry is relatively low.

10

Institutional investors have stayed on the sidelines.

11

Not everyone is a believer in virtual currencies.

12

Cryptocurrencies are banned in several countries.

13

Investors have a long history of overestimating the uptake.

14

people still have limited knowledge of cryptocurrencies.

15

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