ROFL, seriously? Feel free to try to get the Cyprian government to adopt Bitcoin as legal tender but be aware that putting the national reserves into a commodity that can be "stolen" in its entirety in about 30 seconds of computer footwork and it doesn't pass the sniff test. The original gold standard, flawed as it was, depended in part on the fact that it was infeasible to actually steal all the gold out of the reserves. (Hence Goldfinger's devious plan of simply making it unusable)

As a research project though this idea is fantastic, go through and figure out all the things that would have to be true to base the Cyprian economy on Bitcoin. Start with a solid Micro and Macro economic model of the economy, factor in reserves and currency transfers. There is a lot of data you can gather by going over Argentina's economic policies and their actions with regard to currency. A great way to learn from that is to say "This is what Argentina did, this is how you would/wouldn't do that with Bitcoin."

Economics is challenging because it seems very very squishy as a "science" (the gears in the machine are people after all) but there is a lot of really solid stuff which can inform on the question of what role currency plays in an economy, politics, and global trade.