I think they understood the implications quite well. They want to be a money laundering haven. The government sees this as a way to attract foreign capital to the country. They don't really care that most of the purchases made using bitcoin will be cocaine.
Didn't understand the implications? (Score:3)
Re: (Score:3)
Personal remittances account for a quarter of El Salvador's GDP. BTC's adoption is mostly intended to ease these as much as possible.