According to Cointelegraph, VanEck strategy consultant Gabor Gurbacs said that El Salvador could follow Singapore's example and become the financial center of the Americas. "I often tell portfolio managers and asset allocators that El Salvador has the potential to become the Singapore of the Americas," Gurbacs said on October 28. He expects that new capital investment and immigration will drive economic growth in El Salvador in the coming years. Earlier, American broadcaster and Bitcoin enthusiast Max Keiser published an article titled "Moving to El Salvador, the New Land of Freedom" on October 28. Keiser, who now lives in El Salvador, cited the legal currency status of Bitcoin (BTC) and the US dollar, the decline in crime rates in El Salvador, beautiful beaches and delicious coffee, and believed that this Central American country should be the focus of everyone's attention.