What if BTC will be implemented as a legal currency in all countries?
What will be the impact to its integrity and the management of BTC?
if bitcoin already get label 'legal' by all countries in the world it may cause some bad affects and good affect as well depend on we see on bitcoin side or even countries side. What will be the impact to its integrity and the management of BTC?
first let me talk about bad affect to countries. if bitcoin implement as a legal currency it mean many people in the world will buy and use it in bulk. many people will leave their fiat and move to btc. local currency will go drop so badly if it will really happen.
but in other hand, everyone who hold bitcoin will take huge profits due to demand of bitcoin is increasing so high. all transactions will transparent and miners will get huge income too.