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A recent Kaspersky survey reveals that 19% of people globally have purchased cryptocurrency. This article explores the advantages, disadvantages, and risks of using digital currencies, from low-cost transfers to regulatory challenges.
- Cryptocurrencies enable low-fee global transfers, exemplified by a $1.1B Bitcoin transaction with only a $700 fee.
- Privacy-focused coins like Monero and ZCash offer censorship-resistant transactions, unlike traditional financial systems.
- Despite growing adoption, only 10% of crypto users fully understand how the technology works, highlighting an education gap.
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