It is true. Nobody will be forced to deal with crypto if they don't want to. It's as simple as that. President Nayib Bukele and their government have clarified this multiple times. It's all part of a larger FUD attempt going on against this law.
USD still rules the economy in El Salvador
I am sure it will be there for a while and co-exist with Bitcoin and other cryptos. Not going anywhere too soon. It's just that now El Salvador is not fully dependent on USD or the USA's economy. This dependence is expected to diminish over the years to come.
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What if the flow of money into the United States from El Salvador increases as a result of the use of Bitcoin there? Isn't that what a country wants from its neighbors, more money? That BTC from El Salvador which ends up in USA could end up being converted back to USD sooner or later. This point gets little mention, but it could happen.
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Sure. More money and good relations.
Sorry, I didn't get your point.
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Price increases. Both the seller in El Salvador and the buyer in USA get to cash out the BTC for USD, but due to when the cashing out takes place the American may get more USD than the person cashing out in El Salvador. I think "arbitrage" is the word I should have used earlier.
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