If he had invested in a corrupt opaque investment that by design lost $50M into the pocket of a wealthy supporter, everyone would've shrugged and said "business as usual".
How should we rank stupidity versus corruption? My point is that we are outraged at this guy's transparently stupid act, but I opine that we would be less outraged (or not even notice) if he was corrupt to the same extent that he is stupid. Neither is a virtue but as we stand in judgement then maybe our standards should be challenged.
He is corrupt. El Salvador is half a dictatorship, and the reason it went on this bitcoin venture is because its beardo bro dictator hangs out with bitcoin people and unilaterally decided to do it.