Quote from: shield132 on May 07, 2019, 07:07:26 PM

Quote from: Carreuh on May 07, 2019, 05:13:08 PM

Although there are some countries that have ratified the cryptocurenncy currency as a legitimate currency even though it is not the main currency in the country but has been recognized as a legitimate payment instrument but in my country it is still prohibited to spread this cryptocurenncy currency and therefore we still desperately needs cash for our daily activities in this country

Where is btc illegal? Where will you go in jail for using it? I think nowhere. Well, let's say bitcoin is "legal" in specific country, any idea here? You can't pay everything with it, you can't get job that will pay you in btc (don't mean online jobs), you can't pay bills in bitcoin. In any way, you need to convert your bitcoins in cash, this way you can live with btc everywhere but direct payments are far away.

I can't really find which governments have been completely legalized bitcoins or the cryptocurrencies. The cryptos are still struggling a lot for most of the governments to make them legal so I am sure that most of the countries might not be having the facility to shop directly with your bitcoins. It is a challenging task for each of us to trade bitcoins for physical good like food, clothing and shelter.

We need cash to fulfill our demands and to also take care about our luxuries. There is a need for the cryptos to make some existence in the markets so that wholesale dealers come to know about them and they are been included in the international trade markets.