First of all, this is not hacking. Just because the miners are experts they are not hackers here. They do not do any harmful activity to the bitcoin network unless they secure the network. So this is perfectly legal. But in some countries bitcoin is banned, just because that mining might be illegal.
But in many cases, bitcoin is not accepted or treated as a currency by governments yet, but of course, it is treated like an asset or a property. In real-time, we can face illegal activities even with accepted currencies and properties, right? But just because that does not come to a conclusion where cryptocurrency is fake or illegal especially when it comes to bitcoin. That is how miners protect the network.
But yes, before starting bitcoin check the condition of your country or are there people available in your area who are doing bitcoin, get the full details from them, do your own research before you take the risk. And the other part is if bitcoin is less or nothing, it could not grow up to this level today, right? it is 1 bitcoin = 5,332.73 United States Dollars.
0 Comments