First, let’s go over the three major reasons why countries are incentivized to adopt Bitcoin as legal tender:
  1. They once experienced, are experiencing, or may experience hyperinflation.
  2. They do not have their own currency, and are thus under the economic control of a foreign country.
  3. They have a significant unbanked population.
  4. A large portion of their economy is composed of remittances.
Dependency on foreign countries, unbanked population, and remittances, as driving force. https://medium.com/geekculture/which-two-countries-are-most-likely-to-adopt-bitcoin-in-2023-9ed128697e4c