My way to class this morning with some of my lovely course mate, someone raise this question that if our government decide to adopt BTC or make BTC legal how will i feel? I told him that the day our government will announce that BTC is now fully legalized in the country, I will throw a big party to host all the bitcoiners in my environment to join me to celebrate. If your government decide to adopt BTC or make BTC legal in your country, how will you feel? Will you be among the people that will be angry because i know there are some people in our various places that think BTC is a scam digital currency which is not true, will you go to make them to understand it better in a positive way?
The country I live in has recently made cryptocurrencies to fall under PMLA (Prevention of Money Laundering Act) which has certain regulatory policies in it.
Bitcoin is already legal in my country but not a legal tender. It's just legal to trade cryptocurrencies.
So if bitcoin is made legal in a way that it is allowed to be used as a payment method then it would be really great for the country.
I would be definitely happy but at the same time we know that we must have certain knowledge to use bitcoin.
So making the whole country qualified enough to use bitcoin would be the first thing to do.