We know the advantages of decentralized however what are the disadvantages of the Decentralized system that we should take note of while using this technology?
First of all, we know that the decentralization of cryptocurrency primarily means its high price volatility. This is both a virtue and a lack of cryptocurrency at the same time. The negative side of the high price volatility of decentralized cryptocurrencies is that it is very difficult to use as a means of payment, and therefore the government is not in a hurry to legalize it. Without legalization of cryptocurrency by the state, it cannot develop further normally.
Every thing must have weaknesses and strengths, so we cannot ensure that something is the best. The most important thing is how the government attitude towards cryptocurrencies, when the government provides support for cryptocurrencies, will make crypto development even better.