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‹ Blockchain and Crypto
8 / 8
Which characteristic distinguishes cryptocurrencies from traditional forms of currency?
Centralized control by government authorities.
Physical representation such as coins or paper bills.
Reliance on cryptographic techniques for secure transactions.
Integration with conventional banking systems.
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What potential downside is often associated with cryptocurrencies, particularly in terms of regulatory concerns and market volatility?
Limited scalability for mass adoption
Vulnerability to cyber attacks and hacking
Lack of intrinsic value and speculative nature
Complexity of blockchain technology and user interfaces
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