Trust in Technology

Unlike traditional financial systems backed by legal and institutional structures, cryptocurrencies rely on technology for trust. They lack the support of governments or central banks.
Research has explored the attributes that drive trust in cryptocurrencies. These include functionality, reliability, and helpfulness.

For instance, Bitcoin, the pioneering cryptocurrency, has gained enduring popularity despite its decentralized nature.

Security and Blockchain

Cryptocurrency transactions occur on secure networks, thanks to the underlying blockchain technology.

While blockchain is inherently secure, users must take precautions to ensure their safety in the crypto space.

Trust Levels

Trust in crypto still lags behind traditional assets like real estate and stocks.

However, the adoption of cryptocurrencies is on the rise, suggesting that they are entering the mainstream.