El Salvador's President Nayib Bukele is pushing for private investment banks that offer Bitcoin investors more freedom than traditional banks. This comes hot on the heels of Bukele's re-election and could make Ark Invest CEO Cathie Wood's prediction of a 10-fold increase in El Salvador’s GDP in the next five years more likely. These banks, if approved, won't face the same restrictions as traditional banks, such as loan limitations and engagement with overseas banks. They will also be able to operate in any legal tender, including Bitcoin. 🏦💰