In simple terms until it gets a centralized state it will not be given importance as a legal currency. In my thinking it will get the legal status with some sort of limitations depending upon the government. It is legit, as everything happens through internet scamming is easier and this makes people term it as not a legit one.
That's right and not all the country recognized bitcoin as a global currency and the stability of the bitcoin is not assured because of having high volatility but the good thing is it cannot be controlled by the authority and the government don't know how to put regulation on it so its hard to legalized bitcoin.