This is the reason of why i don't believe that Bitcoin will  disappear or a bubble as many countries are already supporting Bitcoin with more and more are now considering to support it as they are now starting to draft their own regulations. Hopefully the whole world will accept and recognize Bitcoin so that it can be use anywhere like the US Dollar.

I think the whole lot of countries that are listed as legal status for bitcoin are just positive for it as digital assets. Otherwise, if all create legal status for bitcoin, then the acceptance level would have grown more than what we have today. I think most of them are just positive.

It sounds a bit too optimistic that chart. I can see my country
is in dark green on the map but nobody from our government
has ever issued a statement that Bitcoin was "Completely Legal"
having said that though they haven't said it is illegal.

I think there are a lot of countries in "default" mode, meaning
they haven't acted either way. Maybe Bitcoin doesn't pose a
big enough threat to FIAT to warrant action.

supposedly with so many countries that legalize bitcoin can make this one of the things that might help increase the price of bitcoin. it is useful to continue to be in the best position for bitcoin and is the best step to attract investors

With all due respect, the crypto community probably doesn't care at all that those countries (most of them with oppressive governments) don't want to make Bitcoin legal. Most of those countries wouldn't even have large bitcoin volumes even if it were legal and most likely it wouldn't have a big impact on the market if some day they decide to legalize bitcoin. Now China and India are a different story, if they were to legalize bitcoin there's no doubt that it could have a big impact on Bitcoin, I believe that in the long run they'll change their stance on Bitcoin and just straight up legalize it, or at least get rid of most of the restrictions.

111 vs 10 it's already a big win for Bitcoin and crypto, it's a matter of time before the masses adopt bitcoin and we can kick off the adoption phase worldwide.

The Republic of Macedonia is a real surprise to me. I thought there were no restrictions in Europe at all.

only 10 countries according to https://coin.dance/poli/legality, bitcoin only waited a few years to become legal throughout the world, I think so because future technology will continue to grow, so countries will consciously use the regulated blockchain by internet networks, and adopting bitcoin as an alternative payment tool

It made me peek to the local boards of Vietnam but it's locked since 2017. Those countries that 'restricted' bitcoin will soon turn their tables and will announce that the people loves to use bitcoin and it is unstoppable so they have to adopt it.

Looking at the numbers where it is legal. People who have been doubting it will definitely be encourage to see this info. More legal countries means that more people who are trusting and using it, mass adoption is coming

Damn, my country still restricted Bitcoin for transaction till now, even though many people know about bitcoin and blockchain technology. I hope the goverment will not be changed it into "ilegal".

Sometime I envy those who can buy something with BTC Their live is simple and and one step ahead of me..

As bitcoin is accepted more around the world, the cost of rejecting bitcoin will exceed the cost of adopting it. Bitcoin will begin to assume money’s traditional roles and gain institutional and government support. It will become all money and form the backbone of a new global economy. This continues and each halving creates big demand for bitcoin as the coins to be mined is very less in number.