It’s easy to get rich in virtual currencies.
There are literally hundreds of virtual currencies floating around, many of them based on cryptocurrency such as Bitcoin and Litecoin.
And you can spend them online for a fraction of the cost of buying real money.
But, there are also some serious problems with the whole concept.
The most common one is that virtual currencies have no intrinsic value, meaning they’re worthless unless you actually own the currency.
And the problem with that is that even if you have some real money in your wallet, you might not be able to get that money out.
The other big problem is that while you can buy a few Bitcoins for a few dollars or a few Litecoins for a couple hundred dollars, you’ll never be able, in most cases, to spend those dollars on anything other than virtual currency.
But that’s just a tip of the iceberg.
Here are the three biggest problems with virtual currency: What is it?