AFAIK,the US dollar is still a legal tender in El Salvador,as well as Bitcoin.
I think this is the underlying root cause of concerns over El Salvador having bitcoin as legal tender. Most countries either issue their own currency or accept dollars as currency. There are no countries except El Salvador that accept a currency other than the US Dollar that they do not issue. If the dollar stops being the world reserve currency, the IMF stands to lose power.You true bro, I think the interest factor from other countries, especially America is the hidden reason if Salvador adoption of bitcoin gets a rejection from the IMF, even though the current performance of the IMF is still under American interference, so when Salvador adopted bitcoin of course it made America a little depressed due to Salvador slowly wants to leave the use of dollars in the country.
I would also add that I think the issue also goes even deeper: the issue is that many of the policies that the IMF espouses are not pro-liberty, but pro-authoritarianism or anti-freedom. Things like taking on huge amounts of debt by a country, not having a stable currency, having high tax rates, huge regulatory states, etc are bad ideas for a country. Countries that have all those things will have low growth rates leading to the people of the country suffering forever.
