The Social and Political Implications of Cryptocurrencies
Cryptocurrencies have forever changed the way we think about personal finance and doing business. Over the years, they have caused controversy, been criticized, generated crime, accompanied by failures and provided an opportunity to make good money. Despite the numerous advantages, digital money has a number of disadvantages. Naturally, they are characteristic of all financial markets, but in the case of using cryptocurrencies, the risks are doubled due to their specific features. One such example is the storage of cryptocurrencies in the article https://btcman.io/guides/the-best-way-to-store-crypto-2023 . What threatens those who have chosen bitcoin or other cryptocurrencies as an investment tool? Malware and hacker attacks The first of them were created back in the days of the emergence of electronic payment systems (WebMoney, QIWI, etc.). Now their analogues are adapted to the cryptocurrency market and can be activated wherever such an opportunity arises. Cyber attacks are the sec