Nothing. Some amount of money can go back and forth many times to facilitate trade volume much, much larger than the underlying stock. To make Bitcoin-based financial system liquid, they need some BTC stock to facilitate payments. If it goes up, down, or sideways it doesn't change all that much.<p>El Salvador has a tiny amount of Bitcoin in the grand scheme of things, while it still brings savings and other benefits for its people (remittances, payments, tourism, banking for unbanked, etc.)<p>Sure, BTC/USD rate went down, but what didn't? Even major currencies lost double digits % in relation to USD. Same did you purchasing power of your USD in the US itself, due to internal vs external USD dynamics.<p>I bet you won't see articles about this subject when FED inevitably has to reverse due to deflationary spiral killing the economy which will cause BTC to go up like a rocket, without all that shitcoin ponzi baggage that is going in flames.<p>Nayib Bukele has almost 90% approval rate (40%). Compare with current POTUS. These articles trying to portrait what he is doing as a failure are really laughable hit pieces.
<a href="https://en.wikipedia.org/wiki/Opinion_polling_on_the_Nayib_Bukele_presidency" rel="nofollow">https://en.wikipedia.org/wiki/Opinion_polling_on_the_Nayib_B...</a>