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.
it is very unlikely that in a country they only use bitcoin for the economy it will certainly be a problem for children who have not been able to learn about bitcoin of course they cannot use bitcoin to buy snacks and may also be uncomfortable for some of their communities if they want dealing with bitcoin because you have to always use cellular data.
I don't think it would be an huge issue, or something that is unfeasable, bitcoin would be seen as the primary currrency and possibly prices would be set on BTC? Like not 1,500 for an iphone, but a set 0.15 BTC?
It's fun to think about, but I don't think it'll ever be a good idea/thing to happen, bitcoin is much too unstable as main currency, and even though banks are sometimes assholes, using fiat to buy stuff is always going to be more popular then spending 20 cents to send a 5 dollar transaction (excluding lightning network ofc).