Its time to hear if bitcoin is legit or not!!
Yes, bitcoin is legit, so far you do not steal it, it is legit. So, the answer depends on what you think, if you think it is legit like fiat, then it is legit.
We Trust USA dollar because its Federal reserve are legit guys!!
So, that means scammers and thieves can not steal US dollar or any other fiat from you? No. Or, you mean US dollar and other fiats can not he used by scammers? No. Or, does that mean you are completely safe because you have fiat with you? No. If you think about it very well, you will realize bitcoin is legit, that thieves and scammers are the ones that are not legit but forbidden.
So is bitcoin good or not?
If fiats are used by scammers, and if scammers scam people and collect fiats from them, then is fiat legit? Governments will only be deceiving you people, but only people that have knowledge about bitcoin will know how legit bitcoin is. You do not have to depend on any person to hold your bitcoin for you, you can hold it yourself without anyone linking the funds to you, unlike fiats.