In this era of fiat debasement, Stajnar believes that El Salvador is a beacon of hope for other countries. Investors across the world are starting to consider the counter party risk involved with holding assets in Western countries that are potentially at risk of a future sovereign default. Meanwhile, the BRICS nations are building an alternative system, pushing a global trend toward de-dollarization (though they insist that they are not junking the dollar just yet). Drip, drip, drip, flood.
Source: https://www.coindesk.com/consensus-magazine/2023/10/12/westerners-see-el-salvador-as-a-template-for-a-new-monetary-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines