{"id":147,"date":"2018-04-03T06:05:03","date_gmt":"2018-04-03T06:05:03","guid":{"rendered":"http:\/\/www.techandtrain.in\/blog\/?p=147"},"modified":"2025-10-22T14:55:34","modified_gmt":"2025-10-22T09:25:34","slug":"advantages-disadvantages-of-crypto-currencies","status":"publish","type":"post","link":"https:\/\/www.techandtrain.com\/blog\/2018\/04\/advantages-disadvantages-of-crypto-currencies\/","title":{"rendered":"Advantages &#038; Disadvantages of Crypto-Currencies"},"content":{"rendered":"<p>List of some of the major Crypto-Currencies as of now:<\/p>\n<ul>\n<li>Bitcoin<\/li>\n<li>Ripple<\/li>\n<li>Ethereum<\/li>\n<li>Litecoin<\/li>\n<li>Zcash<\/li>\n<li>Dash<\/li>\n<li>Monero<\/li>\n<li>More are on the way<\/li>\n<\/ul>\n<p>Advantages of Crypto-Currencies:<\/p>\n<ul>\n<li>Decentralized<\/li>\n<li>Digital<\/li>\n<li>Easy access<\/li>\n<li>Traded on exchanges<\/li>\n<li>Block-chain or similar modern database &amp; protocol based non modifiable ledger of transactions<\/li>\n<li>Immediate settlement and difficult to reverse \/ refuse payment<\/li>\n<li>Lower fees<\/li>\n<li>Difficult to do identity theft for conducting fraudulent transactions<\/li>\n<\/ul>\n<p>Disadvantages of Crypto-Currencies:<\/p>\n<ul>\n<li>Less or no regulation<\/li>\n<li>No or less audits of exchanges where they trade<\/li>\n<li>Price discovery does not follow standard financial rules<\/li>\n<li>Mining is ad-hoc and affects money supply<\/li>\n<li>Difficulty in reversal of payments in case of mistakes<\/li>\n<li>Price volatility<\/li>\n<li>Less clarity on taxation in some countries<\/li>\n<li>Anonymity<\/li>\n<li>Cutting edge technology which is yet to stabilize<\/li>\n<li>Functionally features are complex for layman to understand<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>List of some of the major Crypto-Currencies as of now: Bitcoin Ripple Ethereum Litecoin Zcash Dash Monero More are on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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