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.
an economy based on BTC will only be successful if bitcoin is stable. but I don't see bitcoin becoming stable. it would just reck a country's economy
if they try to base their economy to BTC. it would be better for a country to just create their own digital currency (like what china are doing right now)
it would still have the same effect in international trade (like what tsaroz said) and other things a stable bitcoin can provide except decentralization and volatility.