Too Long; Didn't Read
Cryptocurrencies, given their coterie of distinct features, hold the capacity to transform the global economic landscape fundamentally. Despite their volatility, they are a unique financial technology and share several characteristics with their traditional counterparts but can also be used as platforms for developing far more sophisticated financial/investment products and beyond. The more decentralized a cryptocurrency is, the more stable and secure it will be. This is the sole reason why the Bitcoin network is considered one of the most secure crypto networks in the world, being based on a Proof-of-work consensus mechanism.