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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

Hyperinflation as a driving force. https://www.techopedia.com/exploring-the-increasing-adoption-of-cryptocurrencies-in-hyperinflationary-economies#:~:text=Hyperinflation%20continues%20to%20be%20a,according%20to%20a%20Mastercard%20study.