I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk
Exactly I think it might happen because of the pressure of the changing times? when many people in that country use bitcoin, maybe the government will think how to unify these two financial systems, and a rule for bitcoin is made, and legalization is given. if one country do that, I'm sure many countries will follow it, because nothing can stop a spreading technological development..
However, the recognition of the crypto-currency sets new challenges for the state, which it is absolutely necessary to resolve. In particular, the decentralized nature of the blockade puts the government in the task of finding a balance between anonymity and user safety. All this, of course,
leads to the improvement and development of not only the financial sector of the economy, but all aspects of the life of the rule of law.