Topic: What are some common challenges in bitcoin;and how can they be addressed? - page 2. (Read 223 times)

Some hurdles I believe that most new Bitcoin users would face:

Security: Most standard internet users still use Windows, which include large vulnerabilities especially for those who are not well-versed in keeping their PC safe. Using online wallets, or storing Bitcoin in insecure systems are common precursors to problems for newbies who are using Bitcoin.
Network fees & spend-ability: A common new user probably just obliges with the stated/recommended fee and hits send. Learning about how to customize the fee and taking advantage of low network-activity periods to send transactions with minimal fees is a technique that new users probably do not learn prior to using Bitcoin.
Privacy: Providing personal information is not required to use Bitcoin, however many users will probably submit their identification documents to exchanges because they think that this is the only way. Maintaining privacy is probably a challenge that a newbie would face, if they have in mind that they would like to retain it.
Exchanging: Linking with the above point, exchanging can be done in two ways. Non-privately and for convenience, meaning you submit your info and sacrifice your privacy to use mainstream exchanges, or, privately by using kyc-free exchanges and p2p marketplaces. The latter is usually only learned after digging a little deeper than "Where to buy bitcoin" and "how to store Bitcoin".

Security, network fees and spend-ability are the top challenges that might deter a person from using Bitcoin after their first experiences. Privacy and exchanging would be next learning curves after these mentioned challenges.

If you agree with my Security, Privacy and Exchanging points, I've suggested to introduce a Cybersecurity & Privacy board, which would include knowledge to help Bitcoin users resolve these learning curves faster than if they were to try and learn/explore solutions on their own (if they make it this far to begin with).

If you take the time to study and understand Bitcoin and how it works both in its primary and secondary function, bitcoin's primary function is to perform as a decentralized trances border financial tool and at the same time a digital asset, bitcoin functions as both asset and money at the same time so if you take the time to understand how this two fundamental of bitcoin and how it works.

For someone who's just starting out its security, securing your coin, your waller, and your machine, and securing yourself if you are storing a huge amount of Bitcoin that you are still ok until the time to reap your rewards.

After you learn the first step the second one is trading and HODL and having an insight into the market, there are a lot of challenges and they can be addressed through experience having gone to many things and learning many things.

When it comes to investing in Bitcoin, experience is the best teacher, so get a lot of it.  

Hi mates,what are some common challenges most of you have faced in bitcoin and how they can be addressed...