But Bitcoin already is an international currency and means of payment every day for every one able to access it. Tell me one other currency where you can easily find a willing buyer and/or seller in every country today. US dollar comes close but I'd be hard-pressed to find someone willing to take my dollars for local currencies of most countries I'm likely to visit. Bitcoin on the other hand I'll find someone online in 1 minute and get the transaction done in another minute.
We don't need legalization of crypto... that's the best thing about Bitcoin.
Bitcoin's not exactly stable too, in fact, it's in the highest period of volatility it's ever been for years.
You are absolutely right that Bitcoin does not need legalization and that Bitcoin has already taken place as an international cryptocurrency. But I'm talking about those moments that prevent everyone from using Bitcoin in everyday life. I believe that the circle of cryptocurrency users is still not too large, and at the same time, the infrastructure for using Bitcoin as a means of payment is just beginning to develop. But the fact is that many feel certain difficulties due to certain decrees of the government, so I believe that cryptocurrency should be legalized at the state level, so that not one zakom prevents users from using it at their discretion.
But what exactly is it that is preventing Bitcoin use in everyday life? Even if we look at the countries that have banned (or attempted to ban crypto) what exactly did it stop? It stopped crypto exchanges and banking with bitcoin-related business BUT people found a way around it. They learned how to do P2P trading, they learnt to send and receive bitcoin directly, without the need for a third party exchange or third party wallet.
And then the states realised people were learning to do this anyway.
I still see it as a win-win no matter what. Legalization helps enterprise and business for sure, but everyday you and me we use BTC no matter what.
I believe that some control should concern not just a cryptocurrency user, but really only businessmen and companies that must submit reports to the tax office. Of course, in this situation, governments can introduce certain restrictions, where even a simple user will have to pay a certain tax for a cryptocurrency transaction if the cost exceeds a certain amount in monetary terms. Until recently, it was very difficult to use cryptocurrency in my country as a means of payment, although there were still certain online stores, where I can buy digital technology, but nothing more. Perhaps today I am personally limited in my capabilities, because I do not go abroad and do not use many opportunities to use cryptocurrency, but nevertheless, today state laws do not prohibit me from doing what I do, and my activity It is limited to trading in the cryptocurrency market, investments and the withdrawal of a small amount of cryptocurrency in Fiat to replenish the home budget. Of course, I understand what you are talking about, because I work without problems on the cryptocurrency market, But if the shops, firms and other companies that people need are not limited by the state, then I believe the capabilities of cryptocurrency users will increase as and the number of users themselves.