Quote from: _act_ on December 03, 2023, 10:11:53 PM

Quote from: Stepstowealth on December 03, 2023, 07:54:00 PM

Bitcoin is still very illegal in many countries and to many governments

This is so wrong.

If you think that you are not wrong, name the countries bitcoin is not legal and let us discuss about it and you will see how you are very wrong. Bitcoin is illegal in just few countries.

I am quite sure that you will not have up to 15 countries among the 195 countries in the world.

Yeah, you are right. One country has been a prime example in banning Bitcoin is mainland China, not only Bitcoin but all Cryptocurrency, they took that action on 2023 after China's stock market has been sinking for 3 years eventho their reason was to curtail financial crime and prevent economic instability. Highlight the part where I mentioned to "prevent economic instability".

Most countries who hasn't make Bitcoin or Cryptocurrency as legal, they just haven't regulated it yet, and I believe they soon will regulate it. Moreover, if Cryptocurency is illegal in your country, some people open a bank account in different country and buy Cryptocurrency, this action alone is not a crime because such law is only applied in its own territory where the government has the power.