Ehh, the dip buying is a bit more of a PR move in my opinion. He "only" bought 150 BTC, which is more or less $6.8 million. Whereas while El Salvador is definitely not a powerhouse country levels of wealthy, I don't think that $6.8 million will make a significant dent on their balance sheet.
Yeah, this was my thinking too. Their stash is quite pitiful really, I think 700 but I suppose it’s better than nothing. I respect their adoption of bitcoin as a national currency much more.