Economy in our country is like a temperature, there are times high and there are times low, i wonder if they accept bitcoin inbour country maybe it will become better and higher. And our country would be progressive one.
Yes bitcoin is really effective in growth of our country economy as it makes our country stronger and higher among all other communities,. Bitcoin is way of making people rich and make our country really progressive, as it is modern way of payment, digitization shows a country to be modernize and having bitcoin makes people employed which reduce the number of unemployed people in our country.
The legalization of bitcoin does not necessarily lead to a better economy for a country, if the government is not good at issuing a law for bitcoin, it may actually be a huge disadvantage to them, since bitcoin allows its users to take undercover transactions and possibly harm the state, government should be able to take the best possible benefit from regulation such as asking for taxes, and so forth, thus benefiting one another
Yeah, as even so many things still depend on the government. Till date, some countries are extremely rich just like mine but they are so in lack of good leaders who see every avenue as an opportunity to loot funds and only enrich themselves with the basic amenities even lacking.
Bitcoin may actually help in the long run those who are able to adapt it and based on the level of adaptation within the country in terms of at least being able to take a hold of your future, things may get a bit better on those personally basis, but in general, and when it comes to reviving the economy at large, it still solely depends on the how ready the government is.