When a currency in a country is considered stable, this can make them feel safer with traditional investment. Meanwhile, although investment in Bitcoin offers the opportunity to get a fairly high profit, which is also comparable to the risks faced, and also
The uncertainty inherent in the Crypto market can make it difficult to adopt widely. Apparently, this challenge may be one of the reasons why many countries do not dare to follow El Salvador's steps.
For the issue of currency, it cannot be considered stable because sometimes it weakens quite a bit in exchange rates and the currency also loses value in the long term.
But why do some people prefer traditional investments, it is nothing more than the habits of previous people in taking an approach so that the mindset is embedded in people's minds.
When talking about investment risks, anywhere will definitely involve risks and even when associated with business, the risk is also quite large because people do not know what the level of success in the business is like.
The regulations of each country limit this issue so that the decision do something like El Salvador did feels impossible.
But recently Dubai has implemented salary payments using bitcoin and this will be a pretty good step towards bitcoin's journey there and perhaps we will see more of that happening across the country in the future.