IMG-LOGO

Should Cryptocurrency Be Legalized ?

samin1 - 2024-04-03 18:18:48



#

Assalamu Alaikum






How are you all Welcome everyone to my new post. What would happen if cryptocurrency were legal in the whole world? Almost all of us know that cryptocurrency is not legal in all countries of the world. In some countries it is legal and in others it is illegal. But if it happens that cryptocurrency is valid all over the world then the people of the whole world would get a lot of benefits. Let's know what benefits can be obtained.

***
![pexels-rdne-stock-project-8370747.jpg](https://cdn.steemitimages.com/DQmWhqZfRC5T9XQxrZULYKX6RuNc3Le3jqUsQjbVrZwse69/pexels-rdne-stock-project-8370747.jpg)

[Source](https://www.pexels.com/photo/close-up-shot-of-stock-of-coins-8370747/)
***
Look at the currency of the whole world but not one. For example, money is the currency in Bangladesh. Dollar is the currency in America. To send money from one country to another country we have to go through several processes and then we can send money from one country to another country. But if it is cryptocurrency then we just transfer one coin. That means, do you understand how much easier money transactions will be if cryptocurrency is legal?

***
![pexels-leeloo-thefirst-8919521.jpg](https://cdn.steemitimages.com/DQmQNHBSwvPjriUGbi8gmqEjp498s48E6Mii74c5nk1BoGi/pexels-leeloo-thefirst-8919521.jpg)

[Source](https://www.pexels.com/photo/overhead-shot-of-a-tablet-and-bitcoins-8919521/)
***
Cryptocurrency is a digital currency. So we don't have to suffer so much because it is digital. Generally, when it comes to making payments, it is seen that there are many problems in dollar transactions. If everything is digital, then we will see that we do not have to keep money in our hands. All are on mobile or computer. As a result, the chances of stealing money will be reduced. And our money will save more than ever. Moreover, it has a great advantage of easy transactions. Which currently we don't get everywhere.

***
![pexels-worldspectrum-844124.jpg](https://cdn.steemitimages.com/DQmQwNkNHSArSYyZt5mTc93a5TFUih9Lvo3T56sSoTujVaH/pexels-worldspectrum-844124.jpg)

[Source](https://www.pexels.com/photo/ripple-etehereum-and-bitcoin-and-micro-sdhc-card-844124/)
***
Cryptocurrency have several pros as well as cons. It is not so easy to detect a user in cryptocurrency. Due to which many people can misuse it. But to protect against these, a good intelligence panel should be created. There are many scams in cryptocurrency these days due to which cryptocurrency is being promoted in a bad way in front of people. But if people know about the benefits of cryptocurrency, the country will benefit a lot. It is hoped that soon it will be legalized all over the world. As a result people will benefit. So we have to make good use of cryptocurrency only then it will be valid. So this was today's post. Seen in a new post. Thanks everyone.