Salvadoran here.
It's hard to see the benefits if there is no transparency on the process.
If we could even have a dashboard and an official website were we could have access to audited reports about the results of this bet, and see how its value varies over time. Then I might agree.
Maybe just a graph like the one found Norway's Sovereign Fund website
In reality we just don't. Public information is limited or contradictory. The few public information available includes a tweet about the president buying bitcoin from his phone while not wearing clothes.
https://www.washingtonpost.com/world/2022/01/26/el-salvador-...
As far as I know, the trust that holds El Salvador bitcoin doesn't have a public website. And the state wallet's website doesn't publish an address or phone number.
The only time I've seen their address is a receipt from a veterinary hospital run by the same state company operating the wallet, in which every procedure costs only US $0.25 because they are subsidized by "bitcoin profits"
El Salvador is a strange country sometimes.
