Uquid Blog

 • Small number of consumers Currently, the number of crypto users is really small. Part of the reason is that the concept of blockchain or crypto is very vague to the vast majority of consumers. Another reason is financial problems. Of course, you don't have to spend more than $60,000 to buy 1 bitcoin to do anything. However, rising prices make it really difficult for consumers to buy crypto. • Crypto market volatility When it comes to the price of Bitcoin, the cryptocurrency is known for its constant price fluctuations. Non-participants will perceive crypto ownership as a form of gambling. It is because of this view that many people are still afraid of virtual currencies. For example, the price of Bitcoin is showing signs of increasing in the near future. The reason is that the value of this currency is not backed by a fiat currency at all. So, no one knows how much the value of this coin will increase. • Delayed crypto transaction authentication in e-commerce This is a big probl