Business Studies, asked by Anonymous07, 11 months ago

Write the disadvantages of virtual currency? [like Paytm,Bitcoin,etc.]

Answers

Answered by angel881
4

* Decentralized

* entity

* Limited supply

hope this helps

Answered by hardikrakholiya21
0

Explanation:

Hello...

Disadvantages of virtual currency :

Regular backups of a bitcoin wallet are essential to protect against computer failure, theft and human error, but never store them online, especially if the backup is not encrypted.

Can lose your wallet.

No way to reverse the payment.

Uncertainties Volatility.

Difficult to understand.

Lack of knowledge.

Not accepted widely.

@hardikrakholiya21

❤️.

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