It is not a legit currency because it is not regulated by the government, it is not implemented by them but someone just invented in it and they don't want people to become victimized of this as they were thinking that it was purely a scam.
Yes you have a point but for me people think that bitcoin is not a legit bevause it is only virtual.It's legal in terms in digital currency and people keep comparing bitcoin to fiat because they see it as an alternative and they're tired of inflation. However, bitcoin can't be a real currency because it doesn't backed by anything and it's volatility can't be controlled aside from being a decentralized one. And these fear the government from adapting it.
It is only created by a program that can e hacked by anyone. That's why they are thiniing it is a scam.
The program you called is blockchain and it can't be hack however hackers can hack your wallet.
