Some says, Bitcoin is legal and few says it's not. May I know the reason why it is not legal to use Bitcoin in some countries, for example, in my country, we are not allowed to use Bitcoin to purchase any items or goods. Why they can't legalize it? What was the reason behind it?
I don't understand statements like this. Why choose Bitcoin and at the same time recommend governments regulate it; if that's what you want just go the fiat route. As for me, I want governments as far away from crypto as possible. Yes that means some exchanges will scam customers, yes that means some ICO's will be scams, but I trust the power of the internet and crowds to eventually weed these out. Also...
NONE of these scams have come close to the largest of all, the '
printing' of trillions of dollars from the federal reserve.