The best part is that El Salvador does not have its own currency.
Actually this was the bit that made everything easier. If they would have had their own currency, the president would have faced the inertia (to be nice) and the "advises" of the central bankers.
- Users need to register with their Id and phone number.
- They’ll also need to perform a facial recognition or to complete a phone questionnaire from a given call center.
Seems like starting with a big brother wallet ...
Well, this is govt does best: get user data.
On the other hand, I guess that's necessary, else they can easily end up giving out the money to the "wrong people".