Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
magmar
on 11/09/2018, 22:22:55 UTC
Bitcoins is not yet a legal currency cause not all countries, world bodies have accepted or recognise it. You wrote so much and how come you fail to understand that this coin cannot be controlled by anyone, no one can manipulate it and most of all governments cannot find out who owns it or make you pay taxes. There is a huge hassle process and it's expensive to track it, make a whole set of laws. You get the point don't you.

Bitcoins goal is to be a currency but unfortunately this hasn't happened yet but soon it will happen I believe it is still int the process of turning itself into a full currency which people will accept and use.