From 'Bitcoin Skeptic' to 'National Reserve Advocate': How Thorough is El Salvador President's 'Faith Conversion'?

Nayib Bukele once publicly questioned the practicality of cryptocurrencies, considering them merely 'speculative bubbles'. Yet, just two years later, he made El Salvador the first country in the world to adopt Bitcoin as legal tender and has continued to purchase over 5,000 BTC.

This 180-degree 'faith conversion'—is it true strategic foresight or the ultimate political performance? When a nation's economic fate is deeply tied to cryptocurrency, is this a brave innovative experiment or a dangerous gamble? More thought-provoking is the question: when political power meets crypto belief, who are the real beneficiaries?