Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.
The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!
How are your governments reacting to Bitcoin and what's its position in your country?
Actually, cryptocurrency is really good for people if they are planning to invest on it because the price is keep on increasing at the market as the time goes by so obviously, everyone who invest a huge amount will really get profit in the end of the day.