It is good that $BTC is no longer mandatory in El Salvador

$BTC is free money. It is used and accepted by consensus, not by imposition

Forcing someone to accept bitcoin is a fiat action. Literally fiat. Fiat in Latin means "let it be done", implying a decree. When El Salvador approved its Bitcoin Law and made it mandatory for businesses to accept $BTC , it promoted Bitcoin from a fiat approach, not a bitcoiner one. Therefore, it is not only not wrong for them to decide to modify such an article of the Bitcoin Law, but it is a good thing, a necessary amendment

How does a State adopt Bitcoin for the first time?

That a State adopts bitcoin as currency is inherently contradictory, and it seemed even more so in 2021 when El Salvador was a pioneer in granting legal tender status to the cryptocurrency in the country. This is because Bitcoin dilutes the State's ability to impose monetary policy through the Central Bank. It means giving up power, renouncing a tool.

However, El Salvador had already renounced that power when it dollarized in January 2021. Any dollarized country or one that uses the national currency of another country loses the ability to influence the domestic economy through interest rate manipulation or currency issuance, while becoming dependent on the monetary policy decisions of the country whose currency it uses; the United States, in this case.

Dollarization is an act of faith that the U.S. Federal Reserve will manage the economy "well", although we are left wondering what "well" means in the realm of central banking.

At the moment Nayib Bukele decided to proceed with the adoption of bitcoin, the Federal Reserve was not managing anything well. The huge amount of monetary issuance that had taken place in 2020 to face the Covid19 crisis, under the first administration of Donald Trump, assured high future levels of inflation that would obviously be exported to El Salvador.

And I will place the other part later.