Quote from: Google+ on February 21, 2020, 08:21:39 AM

Quote from: Janation on February 21, 2020, 08:10:55 AM

Quote from: Chris Barth on February 18, 2020, 08:29:35 PM

BTW, What progress is happening in your country?

In our country, Bitcoin is already legalized and for years I don't see any development to it.

Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.

now the name of cryptocurrency is bad because I see many who have misused cryptocurrency for bad actions so people are also very difficult to accept cryptocurrency anymore, cryptocurrency should be able to have a good reputation so it will be very easy to make the legality of its use and some countries do transactions using cryptocurrency.

The reputation of bitcoin was ruined because of people who take advantage of the opportunity to deceive and exploit other people's funds. It negatively affects their perspective on bitcoin because they are finally aware how risky it is to invest on a cryptocurrency, especially nowadays that scammers are consistently looking for a chance to trick people who doesn't have enough understanding on securing their funds. People are doubting bitcoins capabilities because of lack of knowledge, they just let the news be a foundation of their decision. We can't literally take that feeling away from people because they are just afraid to lose their funds for nothing. I just hope that despite of that they will still try to see the good on bitcoin because it isn't a problem, the people is. Anyway, the adoption in my country is improving because stores starts on using it as a payment method and people are becoming more aware that a digital currency like bitcoin existed.