Cryptocurrency is essential for the development of a country?
Not that essential to be honest, there are still a lot more essential things for a country rather than Bitcoin.
Does cryptocurrency play an effective role in the development of the country? Or does it hinder the development of the country and cause extreme damage to the country?
Well, for innovation this is a Win for a country. It will open new opportunities that can be utilized if the country itself is supporting it. Bitcoin is part of the new world of highly advanced technology, will it hinder it? Nah, it's a breakthrough. It's just that those people that are in positions are seeing this as a threat, well they all have different reasons but yeah this is the sad reality of this world.