While it's true that El Salvador's financial situation has improved in recent years, it is important to recognize the role that Bitcoin has played in this transformation. The government's adoption of Bitcoin as legal tender has brought international attention and investment to the country, attracting new businesses and creating new opportunities.

Moreover, the use of Bitcoin for remittances has helped to reduce the cost and speed up the flow of money, providing a lifeline for many Salvadorans living abroad. By accepting Bitcoin, the government has shown a willingness to innovate and embrace new technologies, which has served as a signal to potential investors that El Salvador is open for business.

Of course, there are many factors that contribute to a country's financial health, and El Salvador's buyback of bonds and other financial measures have undoubtedly played a role in shaping its current situation. However, it is clear that Bitcoin has had a significant impact on the country's economic outlook, and has helped to position it as a leader in the cryptocurrency space.