Since El Salvador has accepted bitcoin as a legal tender, we all know that there are some problems/challenges that will come with this new development.
First off, how do you think the government of El Salvador can help control and keep in check the usage of bitcoin in a manner that drug and weapons smugglers, as well as other criminals in their country don't be at an advantage, especially since it is virtually Impossible to get the exact real identity behind a wallet address since it can be opened with informations that are not particularly identifying unlike the banks, or to even freeze the bitcoin wallet of an individual or company for money laundering?
Not because EL Salvador decided to make Bitcoin as legal tender meaning they will just allow the use anonymously , of course KYC must be in process and that will make those issue settled mate.
And of course The government has already think of all that for sure, because they even ready the mining using Volcano's to provide electricity so what more the illegal usage?
lets give them at least a year to settle everything and what would happens next will be our faith because this is the start of the new beginning .
