This, I think, is the opportunity for El Salvador and other countries like it: streamline capital markets, disintermediate technologically unnecessary roles, support self-custody and peer-to-peer trading between whitelisted counterparties, allow for broad market participation and encourage links between conventional and digital asset markets through Tether and Bitcoin. This could yield an alternative to conventional capital markets that allows issuers and investors to interact much more directly and is cheaper, faster, and more inclusive.