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It can be difficult to comprehend the concept of Bitcoin. Its nature is often shrouded in speculation, especially regarding its purpose and ramifications on the global financial system and society as a whole. This speculation breeds uncertainty about Bitcoin’s risks and the tools necessary to protect oneself against them.
In this piece, we look at some of the risks of investing in Bitcoin that are beyond mitigation or are impracticable to mitigate, which we define as uncontrollable risks. Furthermore, conclusions will be drawn to determine whether or not these uncontrollable risks may become controllable in the future.