Which got me to think about the possible consequences if El Salvador were to ever announce that it is selling its bitcoins and plans to never buy any more? I am aware that the possibility of that is low since El Salvador has always expressed interest towards bitcoin but just hypothetically, how much would bitcoin be affected if El Salvador does not show support any more?
Bitcoin is not limited to a few people, people all over the world are involved in holding Bitcoin. Only El Salvador has accepted this Bitcoin as legal tender, but people in other countries have been holding Bitcoin for a long time, although if big investors sell Bitcoin, it may have some impact on the price, but other investors will be able to buy Bitcoin at a cheaper price.
However, I think we don't have to worry about the price of Bitcoin, where people from almost all countries in the world are connected, there is no reason for it to decline.
However, I think that El Salvador has succeeded in accepting Bitcoin alone and has been able to stand tall in the world.