Secondly every nation has its troubles, obviously not as horrible as El Salvador and they are at the bottom of most lists, but if you are living a horrible life, barely surviving in USA and you want to move to El Salvadors touristic place to live rest of your life not caring about money and having a better life, there is a "chance" you can do that. I rather be living like kings in a horrible nation then be starving to death in a great nation honestly.
You are missing reality.
The people who can't make out a living in the US will obviously not be able to make a living in Salvador.
The vast majority of Salvadoran migrants, almost 2 million, work in the United States, where the economic effects of the pandemic resulted in lost income.
If you have 2 million people driven out of their country by poverty and getting a job in another country, how do you expect an unemployed poor person from country B to make a living when 2 millions couldn't there but were able to do so in the US.
Second, you're deeply mistaken if you think life in Salvador is that cheap in the "good" areas.
Just the capital, so an average including the poverty-stricken zone is just
barely 6% cheaper than Prague and if we compare with a bottom live us city, just 25% cheaper than
Oklahoma City.
Now, do you think the guys who couldn't get a job and live on the poverty line in the US would manage to get a job at least on the same pay rate in Salvador? Let's be serious
I do not think I am missing anything, I am clearly saying that you can choose to live in a bubble, although be very mindful that even in those bubbles there can be situations that you may think could not be. For some people that is not a problem, for my personal taste, if I choose to change my country for another it would be to be able to live safer and travel and have a better life. Unfortunately that usually comes with taxes, since safety, education and opportunities come at a cost.
It's not a bubble, it's more like a cage for farm animals, you go over the fence you get eaten by wolves, I don't understand how anybody could promote this kind of nearly dystopian way of life.
Investing 3 Bitcoins about $150,000 at the moment by foreigners is going to be a big economic bust for the country.
Heard it before, Estonia, Malta, Cyprus, Ukraine, Belarus, all of them were luring millions of investors, what happened we all know.