This is the only thing I don't understand right now. It is extremely cheap. The potential is huge, El Salvador goes all in BTC and people still don't have the eyes to see it. More countries will soon join in, people will regret it later for not buying but it's their choice. It's still so cheap and this is not normal!
Yeah you're right dude, right now Bitcoin is not popular on other countries at this moment but sooner or later they'll gonna know about Bitcoin and it will become intriguing on them on how they can make money on it.
They will surely know about Bitcoin sooner but the question if that gives them the interest or they just think for another drama like a scam thing on their mind.
There is no particular reason why Bitcoin didn't pump back high at $40k after the said news but of course, we can't just rely on it that will contribute a huge impact and shows an uptrend motion. It wasn't that fast and easy market trick, El Salvador is too far from China and therefore, the impact is too small that become unnoticed.
of course in all countries know about bitcoin and some of them join and some of them want to get rid of it.
Bitcoin investment is influenced by many factors, so some countries are afraid of the legal exchange rate falling in certain countries. it's not that he doesn't see it, but his level of misgivings is high.