Re: What would happen if Bitcoin became a legal currency?

I think it will be a legal currency worldwide.
It will attract people to try use bitcoin, some merchant will adopt bitcoin, it will be mass. and I think the price movement have more more stable.

The first thing that will happen if bitcoin become a legal currency is it will be used by many, there will be a mass adoption, depending on how it was being described by media and those that has it, a positive publicity will make it prosper, I hope that it is the first thing that happen, but if those news is being toppled by a negative one, bitcoin will not die, but for sure, it will be stagnant.

If bitcoin will be legalized as a currency, it would easily be adopted by many people around the globe. And for sure because of the benefits people gained from using it, it could have a positive publicity and many would be encouraged to use bitcoin for good. I think media will give positive news about bitcoin since many of it's users has gained good profit from it and many has make bitcoin their business.

That is right. If the bitcoin is adopted in one country, many country will follow suit. the price will go higher.

Not just by one country but it must be adopted by a big country or any from the first world countries. And for sure countries from second world and world.

Will just follow the movement of those big countries because they know that their economy is good enough.

And upon legalization of bitcoin, that is going to be an easy thing also for poor countries if they sees it from other countries.