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#crypto #cryptocurrency #BlockChain #Bitcoin #Ethereum ## Cryptos Credibility Problem – and How to Solve It
The cryptocurrency market is booming, with the total value of all cryptocurrencies now exceeding $2 trillion. But while this growth is impressive, it has also highlighted a number of problems with the credibility of cryptocurrencies.
**One of the biggest problems is that cryptocurrencies are often seen as being used for illegal activities, such as money laundering and drug trafficking.** This is due in part to the fact that cryptocurrencies are often used to buy and sell goods and services on the dark web, which is a part of the internet that is not accessible to the general public.
**Another problem is that cryptocurrencies are often very volatile.** This means that their prices can fluctuate wildly, making them a risky investment. For example, the price of Bitcoin has risen from around $1,000 in early 2017 to over $20,000 in December 2017, before falling back to around $7,000 in early 2018. This volatility makes it difficult for businesses to accept cryptocurrencies as a form of payment, and it also makes it difficult for investors to make money from cryptocurrencies.
**Finally, cryptocurrencies are often seen as being a scam.** This is due to the fact that there have been a number of high-profile cases of cryptocurrency fraud, such as the collapse of the BitConnect Ponzi scheme in 2018. This has led to a general distrust of cryptocurrencies among many people.
**So, what can be done to solve the credibility problem of cryptocurrencies?** Here are a few suggestions:
* **Increase regulation.** One way to increase the credibility of cryptocurrencies is to increase regulation. This would help to ensure that cryptocurrencies are used for legitimate purposes and that they are not used for illegal activities.
* **Reduce volatility.** Another way to increase the credibility of cryptocurrencies is to reduce their volatility. This could be done by increasing the liquidity of the cryptocurrency markets or by creating more stable cryptocurrencies.
* **Educate the public.** Finally, it is important to educate the public about cryptocurrencies. This will help to dispel the myths and misconceptions about cryptocurrencies and it will help people to understand the potential benefits of cryptocurrencies.
**By taking these steps, we can help to increase the credibility of cryptocurrencies and make them a more mainstream investment.**
## 5 Hashtags in the form of #
* #cryptocurrency
* #BlockChain
* #Bitcoin
* #Ethereum
* #crypto
The cryptocurrency market is booming, with the total value of all cryptocurrencies now exceeding $2 trillion. But while this growth is impressive, it has also highlighted a number of problems with the credibility of cryptocurrencies.
**One of the biggest problems is that cryptocurrencies are often seen as being used for illegal activities, such as money laundering and drug trafficking.** This is due in part to the fact that cryptocurrencies are often used to buy and sell goods and services on the dark web, which is a part of the internet that is not accessible to the general public.
**Another problem is that cryptocurrencies are often very volatile.** This means that their prices can fluctuate wildly, making them a risky investment. For example, the price of Bitcoin has risen from around $1,000 in early 2017 to over $20,000 in December 2017, before falling back to around $7,000 in early 2018. This volatility makes it difficult for businesses to accept cryptocurrencies as a form of payment, and it also makes it difficult for investors to make money from cryptocurrencies.
**Finally, cryptocurrencies are often seen as being a scam.** This is due to the fact that there have been a number of high-profile cases of cryptocurrency fraud, such as the collapse of the BitConnect Ponzi scheme in 2018. This has led to a general distrust of cryptocurrencies among many people.
**So, what can be done to solve the credibility problem of cryptocurrencies?** Here are a few suggestions:
* **Increase regulation.** One way to increase the credibility of cryptocurrencies is to increase regulation. This would help to ensure that cryptocurrencies are used for legitimate purposes and that they are not used for illegal activities.
* **Reduce volatility.** Another way to increase the credibility of cryptocurrencies is to reduce their volatility. This could be done by increasing the liquidity of the cryptocurrency markets or by creating more stable cryptocurrencies.
* **Educate the public.** Finally, it is important to educate the public about cryptocurrencies. This will help to dispel the myths and misconceptions about cryptocurrencies and it will help people to understand the potential benefits of cryptocurrencies.
**By taking these steps, we can help to increase the credibility of cryptocurrencies and make them a more mainstream investment.**
## 5 Hashtags in the form of #
* #cryptocurrency
* #BlockChain
* #Bitcoin
* #Ethereum
* #crypto