In fact, there are a minimum of 3 reasons people fear cryptocurrency (and why they shouldn’t).

1. People Don’t Understand It
People generally fear what they don’t understand. It makes sense, then, to learn all you can about the subject you are afraid of.

2. It Isn’t Legal Tender
Cryptocurrency is currently not classified as actual legal tender by the United States government. This may be another of the reasons people fear cryptocurrency. Another reason people have to be afraid of cryptocurrency is because not all countries presently accept it. Nevertheless, the number of countries agreeing to accept it is growing.

3. Cryptocurrency May Lose Its Value
An additional reason people fear Cryptocurrency is that it could lose its value. There is no question it has had its ups and downs in the market for investors over the past few years. In comparison, gold values have remained steady during the same time frame. But even though it has seen sharp increases and dramatic dips, most likely it is here to stay.

There have definitely been changes in technology in the past decade or two, the emergence of cryptocurrency among them. But people need not fear it. Rather they should learn about it and embrace its continued use.