My question:
1. If Bitcoin requires proper knowledge and personal research, does it limit those who are uneducated, IT illiterate, and ignorant?.
2. Would this limit it's mass adoption?.
Answer to the first question is definitely a yes, this is if we remove every sentiments and try to be blunt and honest with our answers, and my answer to this question is based on personal experience.
I have 3 good friends who are really close to me, they love bitcoin, they love cryptocurrency and are interested to start investing in it, trading it, and even joining forums like this and discussing cryptocurrencies with other crypto lovers, but unfortunately, the challenge have been that, they are not educated, can't read nor right even an average English, how can such a person join in discussions on forum like this?
So, their lack of education have been a barrier that stops them from entering the cryptocurrency space, now imagine we have a lot of such people around the world, this will definitely affect bitcoin's adoption because, anyone using bitcoin has to know to read atleast, and I believe this also have answered the second question as well, bitcoin adoption will be very difficult is half of the world is uneducated.