Bitcoin is a very useful thing to many people. It has provided very good opportunities, job opportunity, trading opportunity and lots more for many people to earn money for their essentials of life. Bitcoin halving is fast approaching, giving many people hope of investment, and making reasonable profit at the end. Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?
Crypto has already been adopted by many in both developed and underdeveloped countries and many are still researching it. But the current generation is very interested in crypto. Governments of various countries have worked on Bitcoin adoption, but most countries have not yet allowed it. Since Bitcoin is a decentralized asset they cannot control it. Due to their weakness they are not accepting Bitcoin but high ranking government officials of different countries are also very enthusiastic about Bitcoin. They are not able to use Bitcoin openly due to restrictions but they have a lot of interest. Here the government is directly prohibiting it but indirectly keeping a positive attitude towards it. Due to which Bitcoin is widely used in all countries of the world, but Bitcoin is not officially used. I don't think it will have much effect on whether or not Bitcoin is legalized.