Starting from a topic started by Ratimov:
Why has bitcoin adoption failed in El Salvador? so my inspiration to start this thread suddenly appeared where right now i really am would like to know what you think and expect if your country decides to adopt bitcoin as a legal tender.
We all know that El Salvador boldly announced to the world that they adopted bitcoin as a currency as well as legal tender. Many of us agree that this is an expected development, but in the end we can learn from the country
[El Salvador] that to achieve successful adoption, the country and its government must also have a good approach and take the right steps. It is clear that this approach will have an impact on the success of the adoption, but so far El Salvador has failed with the adoption because their approach is not as perfect as expected based on the research.
Well, if El Salvador is considered to have failed with its bitcoin adoption so far
[perhaps they have never failed 100%] then what do you expect if one day your country also decides to adopt bitcoin as a currency and legal tender especially regarding the approach and steps your government should take?
Knowing the nature of bitcoin and how it runs definitely is a big factor if any country wants to adopt it in the future. Extensive and in depth research must be done. Not just a research that's on the surface, but a research that will cover everything about bitcoin including the blockchain technology that it's built upon.
I don't think our government would really plan to adopt it anytime now or even in the future. But if ever it will happen, they must gather all their resources to check about every side of bitcoin. If they won't plan, organize, and strategize well enough, surely the same failure is expected to happen. The idea of promoting crypto and having its benefits is great. But it has to be done correctly. An active and determinitic approach should be done.