According to what I just investigated, the International Monetary Fund (IMF), the entity with which the Bukele government was negotiating an agreement for up to $1,400 million, urged the country to "limit the scope of the Bitcoin Law. Eliminating its status as currency of legal tender" and also expressed "concern" about the issuance of cryptocurrency-backed bonds.
That's because the IMF wants to endorse CBDC and the bankers made it clear at Davos this year. They are ready to launch in the next 3-5 years and that's why they're pushing so much against bitcoin.
The IMF wants to get rid of cash, crash all small insignificant fiat currencies and substitute them with digital versions that they control.
In the long run we will all need both gold and bitcoin because once they stop cash there won't be any anonymous means of payment left. If you decide you don't want crypto you're going to be stuck with barter.