Bitcoin is fast becoming a universally accepted cryptocurrency and truly so, it has established itself as "somewhat" parent coin to the likes of Etheruem, Litecoin, Dogecoin and many others.
Few years ago, some many predicted bitcoin was going to fade away like some other cryptocurrencies but instead of falling off bitcoin has grow stronger and have been widely accepted for transactions.
The biggest breakthrough for bitcoin is seen this year, the coin value has consistently rise and even government of most nations are endorsing and legalising it for transactions.
when it comes to acceptance , yeah bitcoins have been getting more and more accepted by many businesses and tech giants , but still there is a long way to go when we are referring to acceptance by countries , as of now only one nations has considered bitcoins as a legal tender , rest all are just using wait and observer approach ,
the coin value has consistently rise and even government of most nations are endorsing and legalising it for transactions.
now if we talk about legalizing , most of the countries haven't legalized , they have just not clearly determined the legality , its in a flux state neither legal nor illegal .
Few years ago, some many predicted bitcoin was going to fade away like some other cryptocurrencies but instead of falling off bitcoin has grow stronger and have been widely accepted for transactions.
the demand and use of BTC by the investors and users have more effect on bitcoins than those who say it would crash .