Just as the title states. How do you guys think a country with its only economy being BTC look like? Would it look like how western countries are of today, some Cyberpunk future, or maybe just completely mess up? Honestly, I think it'd look something like the current state of western countries, as if the only currency allowed is BTC, then in theory it should always balance out and be flexible.
Eradication of fiat money and infuse only bitcoin will not have great economic effects on a country right at this moment! If it's a small country of few millions, then probably it wouldn't have much impact, but if it's a densely populated country like India and China, the result will be disastrous! It's hard to scale up for bitcoin to cater the need of few billions of people!
Secondly, the volatility is another risk factor for bitcoin to be accepted asa sole currency for any country! Frankly speaking, bitcoin isn't built to become a mainstream currency within a centralized environment! We are good as a parallel currency in a parallel economy, not mainstream!