El Salvador has yet to prove that it is solvent and won't go begging to IMF next year which might end badly for bitcoin.
It is also to remain seen whether Nayib Bukele can manage to stay in power and if not, would the next guy revert on bitcoin like Honduras is doing on ZEDEs now.
It would be also interesting to watch how NB if ousted will transfer custody of the country's bitcoin treasury to his successor.
President Bukele is the most popular head of state in the world, by a large margin. There is no concern locally over whether he will retain power. The IMF is definitely a concern, but I am optimistic about the Volcano Bonds. Until they are ready, there really isn't a point in discussing it - since it is all speculation.
reply