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While cryptocurrency has gained popularity in recent years, several challenges remain that make it difficult to embrace it as a fully viable currency. Some significant concerns with cryptocurrency include its lack of regulation, high volatility, and susceptibility to cyber-attacks.

One of the main arguments against cryptocurrency is that no government or financial institution supports it. This means there is no central authority to regulate the currency, and preventing fraud and other illegal activities can be difficult.

Additionally, the value of cryptocurrency is highly volatile, making it…  Read more difficult to use as a stable currency for everyday transactions. The value of many cryptocurrencies has fluctuated wildly in recent years, with some experiencing massive drops in value seemingly overnight.