As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
Here are some challenges being faced by bitcoin users:
1) Volatile prices: As an investor, the volatile prices may be scary for a lot of people. This applies especially to new investors. Only way to prevent this is by investing for long term which reduces the risk.
2) Negative news: A lot of negative news is spread against bitcoins by media and other people. This may raise doubts in mind of bitcoin users. This can be prevented by following credible new sources.
In addition to these there are various other issues which cannot be prevented by the user. For instance, if your country decides to ban bitcoins completely, you cannot do anythign about it.