Quote from: Nowl1935 on October 13, 2016, 05:37:41 PM

Quote from: innocentbee on September 08, 2016, 04:58:15 AM

why bitcoin is still illegal in many countries of world Huh

Is there any solid reason behind this ??/

Bitcoin was still illegal to some country, because its not recognize by the government constitution of law and they will not allow bitcoin to be a legal currency. Because in each country has only one recognized currency which represent to every countries identity.. Bitcoin don't have own country identity. Just like peso it represent the Philippines, YEN represent the country of japan. And other currency represents their country. But unfortunately Bitcoin don't have. I think this is one of the reason why some other countries bitcoin is still illegal.

Any currency backed by state assets. What is behind the Bitcoin? Nobody knows. Therefore, he will never get the status of legal currency.