Western Investors See El Salvador's Bitcoin Adoption as Template for New Financial System Outside Government Control

Westerners see El Salvador as a template for a new monetary system separate from fiat currency and government control.

They believe Bitcoin adoption in El Salvador can spur economic growth, like Singapore 40 years ago.

Investors see El Salvador as a hedge against Western countries at risk of default due to debt and money printing.

El Salvador adopting Bitcoin sets a precedent for other nations to follow, reducing reliance on the US dollar.

Historically, fiat currencies fail through hyperinflation; Bitcoin offers an alternative to preserve purchasing power when defaults happen.