Salvadoran here — 

As discussed in my onetime SN post about ES, El Sal has a nasty history of corrupt governments. Literally every president prior to Nayib—so, all the presidents when El Sal was considered a “happy democracy”—stole liberally. One of them, when confronted with his stealing, just justified himself by saying “Yea well everyone steals!”

My dad is very fatalistic about this and just says it's part of the culture in ES. Nayib when he was running for president even pointed out, “There's actually plenty of money in El Salvador as long as they stop stealing.” There's a longtime culture of corruption at play here.

Now, with respect to the future, the whole point of the current administration is reforming all of that cringe: "Nuevas Ideas" = New Ideas.

Will it work in the long-term? 🧐 I don't think anyone is in a position to say. Finally fucking the gangs up was a great step one though 😃

Also...

Darth is correct that the focus in El Salvador needs to be spreading bitcoin's actual, self-sustaining economy, independent of what the government does. Education is the main obstacle to that, but groups like Mi Primer Bitcoin are making good progress.

What Salvadoran people want from their money is stability. They're still very annoyed with the move, a few administrations ago, of the national currency from colones to dollars, which largely made everything much more expensive. It's going to take time for Bitcoin's benefits to become apparent, and it's only going to happen from their observing other Salvadorans using and benefitting from BTC.

TLDR: Yea it's possible some future administration will rugpull, but that's only a problem if the people's bitcoin economy is dependent on their government, and that's not a bitcoin economy.