Do You Trust Cryptocurrency Networks? Why And Why Not?

Good-Guy

VIP Contributor
Cryptocurrencies are a kind of new invention and we must say that cryptocurrencies are quite good for many people. However, there are many different sorts of questions that are being asked by many people regarding cryptocurrencies. This is because cryptocurrencies has become a kind of field which is now becoming really popular. One of the most important questions asked about cryptocurrencies is regarding its trustworthiness. many people simply do not trust cryptocurrencies at all. In fact, there are many big personalities such as Warren Buffet who tend to criticise cryptocurrencies and he says that he would never invest in cryptocurrencies. It seems like many billionaires and other celebrities do not trust cryptocurrencies.

There are many other kind of small investors as well who seem to avoid cryptocurrencies as well, despite the fact that the cryptocurrency market is actually worth trillions of dollars. I think that there are many people who ignore and do not trust the cryptocurrency market after the massive fall and crash of Terra network. Their hopes were shattered even more when they witnessed a huge crash of the FTX token as well. This is something that has also happened din the past when the founder of the One Coin vanished after scamming so many people.
 
It is difficult to trust crypto network, especially if the person has lost a small amount. However, at present crypto work is the only online work available for some people, so people are forced to use the crypto websites and wallets if they require money, and can only work from home. If they face problems, they will stop doing crypto work, and if they do not face problems they will do more crypto work in future.
 
Top