What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
Making legal is not a big thing but what government wanted is to control bitcoin and its transaction which is impossible. But if they consider bitcoin like other equity market and impose tax according to it then they can earn huge tax which will be benefited by the government in the development of the country.
If we offer tax payments, of course the government wants to legalize it, of I'm sure that. because when someone wants to pay
taxes, they want their data to be exposed by the government and that's what the government really wants?