I wonder what could've been the culprit of Bitcoin's limited adoption within the country?
So from listening to Michael Saylor a while ago he mentioned that FIAT works
great as a means of payment, its just a terrible thing to save or store your wealth.
For a lot of people Bitcoin as a means of payment is just a hassle, they have to
convert their FIAT into Bitcoin using an exchange and getting a wallet in order to
buy their bread, while they can just use FIAT in the first place, that is a major
hardlehurdle to adoption of Bitcoin "as a legal tender"
What about other countries adopting BTC as legal tender? Is there still a possibility? Or is it "game over"?
again, why would any country do that, as above?
I think the focus now may be on creating a Bitcoin reserve, something you dont
necessarily spend on a day to day grocery and coffee shop.