ASK LEO:ARE CRYPTOS ILLEGAL?WHY THE WORD LEGALIZE BY COUNTRIES USING CRYPTOS
I so much understand that Bitcoin and other cryptos are not yet known by all the people around the world just like the fiat.cryptos especially Bitcoin has been gaining popularity right from it's inception and I am very sure that cryptos are not longer new to the world irrespective of either you use it or not.there are certain things I just don't think its cool in describing cryptocurrencys.
For the fact that not every one is aware of it does not make it illegal after all it has the ability to carry out any thing that the present fiat is doing.why I am saying this is that I have seen and heard of many people saying that Bitcoin, Ethereum and some other cryptos are just been legalized in this particular country.
I have reasons why I think the word legalized is not the best word to describe the acceptance of bitcoin.one of the reasons is that it make Bitcoin to look like it does not have any use so therefore that's why it has not been legalized in a particular place.its a different thing that it's not known In particular region and it's a different thing that it's known and it not accepted in that region and again to me it makes it look like it's not something that is genuine or it's been used for hideous purposes.
Well in as much as I don't like countries saying that they have legalized the use of Bitcoin and cryptos,I totally understood how government are trying to corner cryptos so that they can have absolute control of it just the way they are controlling fiat.i am not against the world accepting Bitcoin and other cryptos but not when they make it look like as if they are doing every one a favour after all Bitcoin and other cryptos are free to be used and adopted by any one as long as you are interested .in Nigeria for instance the government doesn't allow it because they claim that it responsible for the fall of naira which is lie from the pit of hell,all they wanted to was to paint crypto black so as to deviate people from using crypto.so now tomorrow if the government now decide to lift a ban on it,they will make it look like they are doing the citizens a favour mean while they are not.but despite the ban, that doesn't mean that it citizen are not using it,I use crypto on daily basis despite the government ban.so I the word legalized should be replaced with something better because crypto worth and mean more than that.i was reading a new concerning ukrain they I saw the caption that ukraine government has legalized crypto,then I e begin to wonder is that because they are not using it there or people are not much aware of it that now makes it illegal.?
PLEASE WHAT'S YOUR OPINION ON THIS MY FELLOW HIVEVIANS