Quote from: Scaterbrainn on Today at 06:20:57 AM

Thats not convincing. Bitcoin is being called a risky asset at the moment and a country that has accepted it as a legal tender might face issues in establishing it in their country.

Bitcoin need not be an all or nothing proposition for individuals, institutions or countries, including in El Salvador bitcoin has been adopted as one of the currency options.

Another thing is that when any of us is engaged in the process of measuring risk, we are likely going to be better served if we consider such risk ideas in broader ways that help us attempt to establish which aspect of something that we consider to be risky.. is it the price volatility? Is it the possibility that it could go to zero, and what are we measuring it against and are there ways that we can engage in investment and allocation tactics that mitigate risks that we perceive to exist, and even some unknown risks that might exist as well, which unknown risks exist with a lot of asset classes and currencies, so sometimes we will deal with various kinds of risks by attempting to figure out some balancing strategies in regards to whether and how we allocate and then if we might attempt to maintain our balancing of options based on a variety of individual psychological and financial considerations.

Governments, institutions and individuals will share some considerations, but of course, with something like bitcoin there will be some differences too.