Thought experiment: what if a country launched an exact Bitcoin clone and made it legal tender, instead of adopting Bitcoin?

Assume Bitcoin’s model is the right one for money. Now imagine a country copies the code exactly: same rules, same supply cap, no premine, no admin keys, no control. The government’s only role is declaring it legal tender, accepting it for taxes, and paying salaries in it.

The argument for it: if the country adopts BTC, about 95% of the supply is already mined and held by early adopters, so citizens have to buy in from them. With its own clone, its citizens become the early adopters instead.

Problems I can see:

• Early mining rewards would go to whoever has the hashpower on day one, likely big foreign mining farms
• Existing Bitcoin miners could easily 51% attack a new chain using the same algorithm
• Since the state is the main source of demand, it could effectively choose which fork counts later, so the cap might not be credible

Is there a fatal flaw I’m missing, or could this actually work better than adopting BTC directly?

PS: I used AI to translate my thoughts; English is not my first language.