El Salvador is ironically one of the countries where its citizens do not have access to a bank account, but a cell phone and Internet connection have a higher percentage.
I appreciate what their president did to legalize Bitcoin as a legal tender on their country El Salvador. It's a slap to the face for banks that it's citizens has no access to them but has access to Bitcoin. But the only problem with this is the high fees but if it is fixed in the future then I think they are like living in paradise where other countries are struggling on legalizing Bitcoin.
I think that's the downside to this wonderful innovation and that's why it's said everything has disadvantage and advantage. Well not only the El Salvador community that is facing this high fee issue but every Bitcoiner on earth and that's why another solution should be put in place to handle this issue. Although I know that the lightning network has set to handle such cases of fee but the adoption is really slow although I don't know for the case of its use in El Salvador but I say this because of the ratio of its use here. I hope El Salvador adoption of Bitcoin as legal tender will suddenly pave way to other countries to look into how beneficial the use of Bitcoin in their nation can be.