El Salvador's Bitcoin reserve has had limited benefits for the average citizen, with insights from Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization focusing on Bitcoin adoption. Under a recent agreement with the International Monetary Fund (IMF), Bitcoin is no longer recognized as legal tender, and there has been a noted decline in public education and state-led adoption initiatives. Ehrenmann pointed out that, while the government is still accumulating Bitcoin, this strategy does not directly improve the situation for everyday Salvadorans. Additionally, the IMF agreement prohibits the country from buying new Bitcoin, raising questions about the future of El Salvador's Bitcoin strategy and whether its ambitious experiment has failed. The lack of education remains a significant barrier to widespread adoption, as shown by anecdotal evidence of individuals having to assist merchants with Bitcoin transactions via the Lightning Network, highlighting an ongoing need for effective Bitcoin education programs in the country.

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