News like this is good news, the pity is that it is such a small country. Any medium-sized European city has more GDP than this country. Although it is logical that the pro bitcoin movement starts in small countries like El Salvador or Bhutan. Hopefully larger countries will join in over time, perhaps soon the USA.
I believe in the philosophy that says, Rome was not built over night and that big steps begin with small moves and that is why I am always very happy and excited to hear about news like this. When countries were being colonized, it didn't necessarily begin with the big country but small and medium sized countries, before they gradually take over bigger countries.
El-Salvador is one of the countries who have participated well in the adoption of Bitcoin technology in its country's financial institutions. Now, imagine if Putin finally gets to implement its announcement to adopt Bitcoin for its international trades and if Bitcoin also get favored by Donald Trump when he assumes the office as the presidet of the United States of America, what will you think about bitcoin by then?
I totally agree with you. Just a few years ago nobody would have ever thought that a country/government would hold some bitcoins, now we have El Salvador and Bhutan and people complain that "they are too small". I really don't get, can't we just simply appreciate all these positive changes? Everything takes time, whoever thinks things will be quick and easy should go somewhere else.