> The first country that wises up to bitcoin, starts investing in mining and other bitcoin infrastructure in a big way, and legitimises its mainstream usage as

> The first country that wises up to bitcoin, starts investing in mining and other bitcoin infrastructure in a big way, and legitimises its mainstream usage as a currency, is going to reap tremendous benefits. I think it would be far more likely for a country to invest in their own digital currency: DollarCoin, SterlingCoin, EuroCoin, YuanCoin, etc. Whether this would be through mining, or simply transaction verification, could be interesting (and desirable simply to close one loophole cash has - it is extremely hard to trace, therefore some transactions remain untaxed). When monetary policy changes, a change in the specification is deployed. CountryCoins would likely be fungible with physical cash (of that country).