Wow, that's amazing news!
I am impressed.
However, that is not done yet. President must submit it to congress, and the Congress may approve it or not! Anyway, amazing news and a big step for bitcoin!
Looks like it will be most likely approved:
The bill must still be reviewed by the country’s legislative assembly. But with the populist Bukele’s upstart political party in firm control of that body, approval seemed all but assured Saturday afternoon.
https://www.coindesk.com/president-of-el-salvador-says-hes-submitting-bill-to-make-bitcoin-legal-tenderNo questions as most have said, a big step for Bitcoin and cryptocurrencies in general. One step at a time and some day we might have more countries turning to this direction of Bitcoin adoption and I strongly believe that El Salvador is going to be our new China in terms of Bitcoin mining once this bill is approved by the country’s legislative assembly.
Bitcoin has come a long way in a short time and I believe this will do the country and its people more good than harm.