What are the disadvantages of a digital ID?
I'm concerned about the potential downsides of having a digital ID. Could someone enlighten me on the negative aspects or risks associated with it?
Why would someone ask you to send money through Bitcoin?
Could you elaborate on why someone might request a transaction through Bitcoin? Is it a matter of anonymity, speed, or lower fees? Are there specific scenarios where Bitcoin is the preferred choice for financial transactions? Additionally, are there any potential risks or considerations one should be aware of when engaging in such a transaction?
Why not to use a digital wallet?
Why should one avoid using a digital wallet for their cryptocurrency holdings? Aren't they convenient and secure, allowing for easy access and transactions? Or are there hidden risks and drawbacks that one should be aware of, such as the potential for hacking, loss of private keys, or the lack of regulation in this emerging space? It's crucial to weigh the pros and cons before entrusting your digital assets to such a platform. Can you elaborate on the potential pitfalls and offer guidance on safer alternatives for managing cryptocurrency?