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05. Pros and Cons Uncategorized

Security issues

While a lack of regulatory compliance or legal oversight grants the currency more flexibility, it also makes it both more susceptible to scams and frauds and less likely that such activities could be prosecuted by law enforcement agencies.

Even worse is that for victims of transaction fraud, there are little hopes of getting their money back as the Bitcoin’s highly decentralised makes it virtually impossible to hold the culprit accountable.

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