Everyone is focussed on the price these days, but we should rather shift that focus to the things that matter more, like Bitcoin adoption. When you look at Bitcoin adoption, you are faced with many challenges that can influence Bitcoin adoption and for this reason we should isolate the biggest challenge first and solve that.
So, in your opinion, what would you say is the single biggest challenge that we need to solve to increase Bitcoin adoption?
Here are some of the challenges :
1. We need more Bitcoin ATMs.
2. We need a higher Bitcoin price to draw investors.
3. We need a killer Application that solves real world problems
4. We need a killer Game that would go viral.
5. We need more Bitcoin exchanges to create competition and lower fees.
6. We need better Hardware wallets, with more security and user-friendly features.
7. We need a lower Bitcoin price and cheaper coins to attract more investors. <affordability>
8. We need more Bitcoin merchants to increase demand for coins.
9. We need a army of fighters to combat FUD. <writing counter arguments and exposing shills>
10. We need to solve the scaling problems. <Fast track the Lightning Network>
So let's see what you think is the highest priority challenge that we need to solve to increase Bitcoin adoption.
Feel free to motivate your decision.
I don't think any of your given points would help in the widespread adoption of Bitcoin. You missed the key element here which is TRUST! How can people trust something that is as dynamic and volatile. People are obviously afraid to put their money into this.
I would say that if any government makes Bitcoin legal in the country, then we would definitely see more users adopting it since that is the biggest fear factor in the minds of people
