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?
Here is the fear about BTC. In flat money government can guess cash flow by their people but in BTC government can not control it so that it may effect wrongly in economy of a country. Here is the main problem of stabilization of economy so that every government thinking about this. They are thinking how it can be control so that they can accept it for their community.