What are crypto's problems?

In delving deeper into the nuances of cryptocurrencies, it begs the question: what are the problems inherent within this ever-evolving realm? Volatility is a major concern, with prices fluctuating rapidly and often unpredictably. Security breaches and hacks have also cast a shadow over the industry, leading to significant losses for investors. Scalability issues have hindered widespread adoption, with transactions taking too long to process and becoming expensive due to network congestion. Additionally, there's a lack of widespread regulation and clarity around taxation, which creates uncertainty for both investors and businesses. These are just a few of the challenges that cryptocurrencies face, and it remains to be seen how they can be overcome in order to ensure their long-term viability and widespread acceptance.