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Bitcoin-friendly El Salvador can become 'Singapore of the Americas': VanEck advisor

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VanEck strategy advisor Gabor Gurbacs says Bitcoin-friendly El Salvador could become the “Singapore of the Americas” and expects a wave of new investment capital and immigration to flow into the country in the coming years.

VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to Gabor Gurbacs, strategy advisor of investment management firm VanEck.

Similar to what Singapore achieved in the late 1900s, Gurbacs expects new capital investment and immigration will be the main drivers behind El Salvador’s increased economic growth over the next few years.

 

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