As we all have been speaking many times that Bitcoin possesses the power to diminish the use of fiat in a country where it's welcomed with full hearts, I wish to know that does it really have the ability to cope up with the challenges a country's economy faces? Can it help in the growth of their GDP?
As we know, Bitcoin is limited in number whereas Federal Reserve has the power to do monetary easing when things go wild with their economy levels. So with such limitations, can Bitcoin really stabilize any country's economic issues?
At the moment, not many countries are ready to accept / legalize Bitcoin as a means of payment and integrate with the country's domestic economy, also not many people are ready to use Bitcoin as a payment, therefore at the moment Bitcoin cannot drastically improve the economy, but in the future it will possible.