That's how it is! This announcement was left for the end of the 2021 Bitcoin Conference with the participation of Jack Mallers.
Among the most impressive that helped me understand why bitcoin will be the currency that will lead the country of El Salvador is this.
At the conference the president of El Salvador makes the announcement.
Yes the president should be silent, however, if he really wanted to say something about it, do you think DGAF was really the response on it? How much is El Salvador’s debt load? There was an article that said that the debt load is $22 billion. That might be 90% of the country’s GDP and his response on the downgrade is DGAF? I shake my head to those people who praise him for it.
Also, how much bitcoin is El Salvador holding? It might be less than $100 million. That will not be enough to cover their debt load. We want to witness adoption of bitcoin, however, president Bukele should not be arrogant...