As far as I can tell, that 2% didn't return anything and even plumbed the rating of their bonds with public funds during a crisis, the reality is they currently need all their money. A lot more is going wrong ofc:
Money is disappearing from their chivo wallet - https://mobile.twitter.com/_elcomisionado_/status/1472326380...
Bitcoin fees are subsidized - https://www.elsalvador.com/noticias/negocios/el-salvador-bit...
Chivo went down with AWS - https://www.elsalvador.com/noticias/negocios/chivo-wallet-em...
Chivo is based on mongodb, that doesn't even have data integrity - https://bitcoinist.com/from-the-ground-anita-posch-bitcoin-e...
Bitcoin Remittances are only 5% of the market - https://www.elsalvador.com/noticias/negocios/el-salvador-bit... - barely even worth mentioning. They have more than that entire market in BTC holdings.
Cabinet is sentenced for corruption - https://www.elsalvador.com/noticias/negocios/chivo-wallet-ca...
The money that is brought in, is mostly money laundering and I'm expecting that will have big consequences.
Most importantly, remittances are more expensive with Bitcoin! https://qz.com/2058676/remittances-to-el-salvador-are-cheape...
The continued promotion of buying the new dips of BTC could become a real risk.
Ps. Gold reserves are lower than Bitcoin holdings because of the recent Bitcoin drop, lol. ( 79 million in gold) - - https://m.timesofindia.com/business/cryptocurrency/bitcoin/b...