question 9 of 10\nwhat are some disadvantages to using cryptocurrency as a payment method?\nyour identity is…

question 9 of 10\nwhat are some disadvantages to using cryptocurrency as a payment method?\nyour identity is shared with the world since it is on a public ledger.\nnot all businesses accept it and transactions cant be changed.\ntransaction fees are higher than financial institutions due to the blockchain.\nyou can pay from anywhere and dont have to go through a financial institution.

question 9 of 10\nwhat are some disadvantages to using cryptocurrency as a payment method?\nyour identity is shared with the world since it is on a public ledger.\nnot all businesses accept it and transactions cant be changed.\ntransaction fees are higher than financial institutions due to the blockchain.\nyou can pay from anywhere and dont have to go through a financial institution.

Answer

Brief Explanations:

Cryptocurrency is not universally accepted by businesses, and its transactions are irreversible. These are significant drawbacks as a payment method. The first option is incorrect as cryptocurrency transactions are pseudonymous, not revealing identity directly on the public ledger. Transaction fees are not always higher than financial institutions, and the ability to pay from anywhere without going through a financial institution is an advantage, not a disadvantage.

Answer:

B. Not all businesses accept it and transactions can't be changed.