quiz\nquestion 9 of 10\nwhat are some disadvantages to using cryptocurrency as a payment method?\nyour…

quiz\nquestion 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.

quiz\nquestion 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 widely - accepted by all businesses and its transactions are irreversible. High transaction fees are also a concern, but the identity is not necessarily shared as it uses pseudonyms on the public ledger. The option about paying from anywhere without a financial institution is an advantage, not a disadvantage.

Answer:

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