I think you're wrong when you claim transactions from people of such country would be more transparent, easier and faster and then it could have the potential to reduce corruption rates of the country. If people use Lightning Network, it won't be convenient to use for them, and transaction won't be transparent because they are not registered on a blockchain, if they use a platform it could be more convenient than making LN transactions and faster than doing on-chain ones, but it wouldn't be transparent neither private at all because the platform would know all the transactions, and would be very unlikely to share them publicly. If people use the blockchain, it wouldn't be fast at all, and it would be very hard to pay anything in a brick and mortar store.
The problem of inflation would be addressed only if Bitcoin's price did not fall.

Unless you can do anything about the volatility of Bitcoin it may never be true. This is far from reality, we really need a stable money to trade goods. Just how furious people would be if the use a currency with and unstable market.

i still think that it can be used for transactions and this is not wishful thinking either because we have seen people actually use bitcoin for transaction purposes and they were able to do it successfully

the privacy and anonymity that bitcoin provides becomes the massive pull to many people regardless of the volatility but there is a chance that bitcoin stabilizes over time and it can be used globally as a currency

You must imagine a Bitcoin heaven in your head right now. By the way I don't mean to burst your burble but some or many of what you are saying are wrong.
Further more every country deserve to have their own currency, is just like say since dollar is a top currency why don't other countries just make it there's, if this was far back maybe but now many countries will like a currency under their control.
I think what's best is the countries allow their citizens who are crypto-currency enthusiasts the freedom to use it.

I don't think that will happen. A government want to have full control of the currency and for cryptocurreny they can't have a full control of it so they will surely think that it's better to have their own currency and that's why each country have it's own currency until now like dollar, yen, won and many other currencies. Government doesn't want anything that they can't print of compared to printing money as any other countries have done.

FIAT is a perfect system for making transactions with but its a terrible form of
investment because its controlled and manipulated by governments.

Bitcoin isnt necessarily the most perfect system for making daily transactions with,
with the lightning network its more workable but overall Bitcoin works best
at a means for investing, countering inflation, wealth management and other
financial tools.

Maybe thats why apart from El Salvador's move a few years ago no other country
is likely to add Bitcoin as a currency.

Even if they don't have full control they can still find a way to make from it like having an exchange that the government regulated. Even if the government accept Bitcoin as a legal tender but still their first choice would be fiat money and bitcoin as a second choice. My guess is that it is what happened in El Salvador accepted bitcoin as a legal tender. In my country, the bitcoin is accepted as a legal tender but there's am exchange in my country that is regulated by the bank central that makes me think is under control of the government in my opinion.

No blockchain can handle that kind of load. Blockchains are not designed for that purpose. They can’t replace credit cards because credit cards operate on centralized networks which can confirm hundreds of thousands transactions every minute. Bitcoin can’t do that unless it uses a second layer solution like lightning network.

Bitcoin is safe and decentralized. Not fast.
Credit cards are safe and fast, not decentralized.

Safety, speed, decentralization.

You can only pick two.

That's not true. Centralized transaction systems are faster if the transactions aren't interrupted by the central authorities having control to those networks. Bitcoin is decentralized, but it's not the fastest when it comes to confirmation of the transactions.

Bitcoin is most commonly known and used token in cryptocurrency. Suppose a country began to use Bitcoin instead of their currency. Then, what will happen?


How? You need to explain instead of just throwing sentences at us without any valid points to back them up.


Well, even though the supply of money has a lot to do with inflation, it isn't the only reason for it. The country having Bitcoin as its official currency will still have to import things from other countries, and if the cost of those things increase, there will still be inflation in the country, besides, if the price of Bitcoin decreases, that will also cause inflation.


That's one of the biggest hurdles. Every single person in a country has to use money for one thing or another, but you can't educate every person about Bitcoin and its usage, you can't provide everyone with a suitable electronic device with an internet connection so that they can use the system because Bitcoin doesn't have a physical existence like fiat.


Again, how do you think that this is going to improve the economy of a country they are making Bitcoin their official currency?