Everyone is looking at El Salvador to be “the home” of Bitcoin, but I believe Singapore is better to be the true hub of the Bitcoin industry, with serious players.
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Singapore’s banking industry is what made the country develop into one of the richest countries in the world. It can further develop by embracing the Bitcoin industry.
Both of these sentences are contradicting each another especially the bolded part. If Singapore rely on their banking industry that means there is no hope for bitcoin to settle in the country. You are probably contradicting between making it a legal tender like El Salvador or turning Singapore as the hub of the bitcoin industry but basically any other country could also be the central hub for blockchain based industry, Malta is probably one of the option for that and it doesnt have to be Singapore
Edit : it seems a little bit make sense to call it blockchain based industry rather than bitcoin industry
yes, this is true, do you see that majority of countries in asia are very much involved in crypto, they actively participate in it and singapore is no exception.
So does any other country in Europe, that doesnt really make sense