The crypto market has been bearish for longer periods in 2022. This had led to several questions about crypto and its stand as an alternative to traditional currency.
Cointelegraph, one of the top crypto news outlets took its Twitter page to ask its followers an important question about crypto. The tweet asked, ”what is the biggest issue with crypto?”
This got crypto users and followers of the platform to give various replies on what they think it’s the biggest issue with cryptocurrency.
Crypto Biggest Issues
Here are excerpts from the comments on the post on Cointelegraph’s page.
@BlockchainPosts wrote, ”Security on crypto exchanges seems to be the biggest issue stopping prospective users from joining the market”
@Cryptouranus commented, ”The biggest issue that #cryptocurrency faces is the lack of mainstream adoption and I think that projects that aim to introduce #crypto to the masses are bound to do great”
@annienair6 wrote, ‘‘Crypto scams are still the biggest issue but I feel safe withholding my savings on bfx”
@xiodus replied, ”that used to be fairly common in the old crypto days we used to have 80% pullbacks. Just wait and see how it all washes out. The biggest issue right now is exchanged not using BECH32 and the BCH/BTC wars are getting a bit ugly…..price has already recovered some at it went lower to 10.4k”
Another user with the handle @Manumix stated, ”Even PayPal is joining crypto so it’s a matter of time IMO. Tendency shows we are heading to a cashless society. The biggest issues are credit and debit card fees. Reduce them by eliminating middle men, and cash is dead in a decade”.
Cointelegraph also replied to one of the users, ”The biggest issue here is that crypto messiahs are needed. People flock to them like they are infallible and won’t make any mistakes. Do Kwon was shitting all over the crypto community, acting like this could ever happen”
There are no doubt big issues with cryptocurrency. It is however expected as it is in its developmental stages.
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