We know Bitcoin is using world best blockchain. Block chain is best technology now a day. And now bitcoin is established currency. We saw Bitcoins usability increasing day by day.
Every economic sector Bitcoin is using randomly. Some country consider bitcoin as illegal currency. But Big big country's are using bitcoin frequently. So i think Bitcoin is l legal and it should be legal world over the world.
If for example bitcoin is legal in all countries whether it will not cause increased transaction costs, if everyone makes payments or purchases using Bitcoin there will definitely be transaction density and it will increase transaction costs.
Of course, if more and more bitcoins are used for transactions, traffic will increase. This will cause an increase in gas fees. So being legalized will also have the impact that demand will increase and gas fees will also increase, but on the positive side the price of Bitcoin will also increase, I think this is also good.
Of course there are positive and negative sessions
Now many countries have begun to accept the presence of Bitcoin, such as in my country Indonesia, Bitcoin is legal with applicable terms and conditions made by the government.
The taxes issued by the market also seem to be not small, even though the taxes from the crypto market are expensive but the market still complies with government regulations with the aim of providing maximum facilities for its users.