As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
I think it is much better for cryptocurrencies to be legalized before people be awared about it. Because even if it people gets awared about it, but it is not still legalized the cryptocurrencies will be still banned, if the government didn't still accepted it.
Well it depends on what country, some country will only legalized it for them to put some tax on it, some may just finding ways to do corruption, there's a need to a proper implementation, knowing there are lot of corrupt official who didn't perform well , i hope they will not do any moves on crypto.
I think it's good to make public awareness rather than regulating as a legalized asset. Because everywhere loop holes will be available and now the legalized usage will help with the corrupt people make it more easier for accessing. Even some countries have made plans for implementing of taxes, but that hasn't been effective on reality.