Yep.
Totally agree - they can be the smartest and the bravest for adopting BTC and trying things out with it, but no toppling the global powers type of thing.
It's not going in that direction any time soon.|

I think that the first question will be why El Salvador sold their Bitcoins? There will be lots of articles on media websites and these articles will probably affect Bitcoin's price but it will not last for a long time. I think that the reason why El Salvador sold their coins will be more important than the fact that they sold coins. If they sell coins to cashout profits, then it won't affect Bitcoin's price because their savings are the savings of some random early adopters or rich people.

The United States or other rich countries can buy the amount that El Salvador holds in one day. The USA and Germany sold 50K Bitcoins that they seized while El Salvador pays thousands of dollars to buy a single Bitcoin every day. MicroStrategy owns more than 400K Bitcoins. I think that El Salvador's idea of buying 1 Bitcoin every day played a good role for the marketing of the country. Look, we open threads about El Salvador, and thousands of people view these threads, hundreds of them post and famous crypto news websites like Cointelegraph, write articles about that, then Forbes, CNN and other companies write articles too and finally the result is that millions of people know that there is a country called El Salvador that is Bitcoin friendly. I believe that this was the aim of El Salvador's 1 Bitcoin per day investment but for such a small country, the profit is really amazing and I believe that in a few years, it will be very significant for them.

Same reason here. If there are chances that El Salvador will take another investment, it would not be in the crypto industry, but probably gold or other traditional assets. But with the current position of bitcoin, I don’t think they’re ready to sell-off and let go of bitcoin. There’s more for bitcoin in the future, and for sure El Salvador will be greatly looking forward for it. Selling is not the best option for now, but it’s clearly buying and hodling.

Saylor and Micro Strategy invested money in Bitcoin in order to build up their company to be more attractive with investors. Their successful DCA investment in Bitcoin has helped Micro Strategy stock increasing a lot in price.

This benefits their company and $MSTR stock increases from about $14 or $15 to $364 today.
https://www.google.com/finance/quote/MSTR:NASDAQ?sa=X&sqi=2&ved=2ahUKEwjxgdytk7iKAxVf8DQHHTcmLckQ3ecFegQIQhAf&window=5Y

They don't want decentralization because they want investors spend money to buy their stock $MSTR and invest in their centralized company, Micro Strategy.

If majority of the countries globally, try to join the current trend, El Salvador will gain but not really huge gains as BTC become the global market standards, it'll benefit for a profit but of course, other countries can benefit too when played smart. So right now, the only benefit for them is buying bitcoin at a good dip that'll give them good money and besides they're just holding a small portion of BTC compared to other countries like USA and China. The biggest benefit here is that if the country spread a nation-wide education for cryptocurrency and majority of all the people there know and educated about Bitcoin, it can attract more global investment as one of the countries who adopted the use of BTC.

that is very logical. to become one of the richest countries in the world what el savador has to do is more than just investing in bitcoin. they need to develop their natural and human resources, bring investment into the country, develop global class companies, and many other things they need to do. so even though the investment decision in bitcoin that they made was very right, but it is still not enough to make them one of the richest countries in the world.

Your assumption is:

1. That Bitcoin will keep going up in price, forever and ever.

and

2. That the people of El Salvador all believe that #1 is true.

Obviously if you believe #1, then neither you nor anybody else should ever ever ever ever sell even in a single Satoshi forever and ever.

However, even if you believe #2 (which is an even bigger leap), then you still have to wonder what El Salvador's people will do if they need more money. Again, this is a poor country we're talking about.

Of course many of us believe that Bitcoin can go down in price just like any other asset in the history of the human race, and thus the decision to sell is as arbitrary as the flow of Bitcoin itself.

For instance, Bitcoin's current price is based on strong political support in the US--but that could change overnight. If Trump decided he wanted to promote a "made in the USA" coin instead, then Bitcoin would drop in half more--and if they really wanted to make "Trump coin" a big thing, they could legally disadvantage Bitcoin the US and send the price down 90% or more. (Congrats to the 2024 election donors that just tied Bitcoin's price to US politics for now on, btw  ).