Making Bitcoin a legal tender means when a person goes to purchase a commodity, instead of paying with dollar or whatever currency is being used, they pay with BTC.
Given the unstable nature of cryptocurrencies, and the untraceable nature, would you suggest it wise for countries to adopt Bitcoin as a legal tender?
Recently, El Salvador and Central African Republic announced that they have adopted Bitcoin as a legal tender.
I would not say that countries are afraid of Bitcoin, on the contrary, I believe that in the current situation that has developed in the world, the use of Bitcoin as a means of payment could facilitate the possibility of trade between countries. However, there are some concerns, for example, that the price of Bitcoin is too volatile, which means that if this nuance is resolved, then many countries will use Bitcoin.