If Bitcoin is approved as the national currency of a country, that country will face a constant bad situation. Especially the price of Bitcoin is changing every moment, so if Bitcoin is accepted as the main currency of a country, then the price will have to change every day in market monitoring. Moreover, the amount of fees charged will be higher than the amount of Bitcoins that need to be exchanged for daily transactions, resulting in losses between buyers and sellers. After all, Bitcoin can never be accepted as the main currency of any country.

I will tell you the rare truth, Bitcoin is bad enough to be the sole currency of a nation, otherwise, there will be so much turbulence for the country and even the government will struggle to know the right value to plan the national budget upon.

One may think Bitcoin is progressive, yes, it is with time, but it is too volatile at the same time and that is a problem. It could also move in some annoying rollercoaster ride for months, this also happens during its bullish season when people are happy about it.

What about the bearish season when it can shed more than 4 times its ATH value? That's just insane for any country to dwell in.

unfortunately, some of us think that by merely adopting Bitcoin, a dying economy can return to life when the needful is not done. with El Salvador's case, we should have learned by now that it takes more than Bitcoin adoption to bring a dying economy back to life. bitcoin was not created as a replacement for fiat and no country has what it takes to make Bitcoin her only official currency because it will never work well in the long term. you will certainly have to deal with the issue of volatility, work on educating everyone about how it works, and ensure that the whole populace has access to digital technology that can be used for making transactions with Bitcoin. these make it impossible to completely replace fiat with bitcoin and yes, it was never meant to be a replacement to the fiat.

Bitcoin can only work as a supplementary currency like what it is currently used as. the government of a country can choose to adopt it in solving part of its economic problem or make use of it as a medium of making a certain kind of transaction but it is never going to be a replacement to the fiat. the countries, institutions, and individuals that benefit well from holding and making use of Bitcoin are those that use it as a side currency and are not just hoping that by merely holding it they can become wealthy.

If in this era and there is a country that wants to adopt bitcoin in their jurisdiction, they will not be able to do it right away because they will have a process to do there first because there are and will still be other government officials who will oppose that matter, because they have something to consider before it happens in a country.

Then it will not be possible for it to immediately become the currency of a country because it is a digital currency, and not all businesses will be able to accept bitcoin in reality,
because not everywhere is accessible by the internet. Though, it is good to hear that a country's currency is only bitcoin, but there is no country like this in this era.

Huge gamble to be honest.

Imagine that a country is risking everything for cryptocurrency. You only think about the positive side of Bitcoin as a currency for the country but remember, there are risks that a government couldn't take. The idea is good, everyone wants it to happen like having a decentralized financial system, but this is the major reason why the government don't want it.

They only invest some small portion of it in case the idea of bitcoin as an investment is really spreading in the whole world and there are global market adaptation happening right now.

What is certain is that everyone will use bitcoin as a shopping currency, ranging from vegetables to cars and ranging from small children to grandmothers using bitcoin, but the question is whether it might happen... The answer is not

The reason: not everyone understands using Android and laptops and not everyone understands Bitcoin's job, if Bitcoin becomes a legal state currency, it requires guidance Specifically to the public in using bitcoin and other reasons Bitcoin is not risky and cannot be touched, that's the problem with the government and the community How do you buy a bunch of vegetables at a price of $ 1 how much does it cost to be issued during the transaction and so is other items, it really is impossible.

Aside from the unstable price Bitcoin lack everything that could make it becomes a country currency unless the government of that country want to destabilize everything, because you can't go to the market to buy things that worth cent and want to pay with Bitcoin whereas the fee alone is higher than what you want to pay for, how about network congestion, bad Internet, lack of the required tools and many more.

That would probably become the scenario then. That’s the reason maybe why until now bitcoin has not become a global currency, or a country’s currency except for El Salvador. People don’t see it as an ideal currency but more on a profitable investment. Volatility is the key, and as long as bitcoin remains volatile, people won’t stop seeing it as an asset or ideal investment.

Don't forget that there is nothing people cannot change to when situation arises, which if the price is not stable through out the year they will not be panicking because they understand the movement of BTC price. They will take both bear market and bull market serious base on some benefits that attached to bull market and bear market, which is profitable to them to make use of the opportunity to achieve what they want from decentralized currency.

As long the high fee will not allow them to experience losses, they will be comfortable with the decentralized currency in the country because the currency will continue to grow until they decide to sell to know how much they have make from the long years hodling.