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?
It's really not a question of making it legal or not, but the regulations. Most countries in the world made it legal, there are only a few places that banned it, and I do not think that this discussion would benefit. However, if we are talking about the regulation differences between nations then we could actually arrive to a point.
For example, it is legal to buy and sell bitcoin in El Salvador and in UK at the same time, they both made it legal to buy and sell, basically trade. However, do you really think that it is actually the same thing? I feel like we are talking about something much bigger right now which is the fact that regulation differences make it go up or down.