Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
In my opinion, bitcoin has nothing to do with the emergence of inflation in any state. States do not legalize bitcoin for other reasons. The Chinese government, for example, last September said that the crypto currency is a danger to the economy of the country, since it allows uncontrolled withdrawal of money from the country, others say that bitcoin is too risky a form of investment and is beyond control and supervision. Also refer to its greater volatility. It is because of these reasons that the legalization of bitcoin and other decentralized crypto currency is very slow.