President Bukele predicts that BTC is 100,000 U.S. dollars and hopes that more countries will use it as legal tender

The President of El Salvador, Nayib Bukele, said on Twitter predict For Bitcoin on New Year’s Day in 2022, some fairly optimistic predictions have been made.

Bukele makes a bullish prediction for Bitcoin

During Bukele’s presidency, El Salvador last year became the first government to accept Bitcoin as a legal tender in response to rising inflation in the country.Since the country’s legalization, the President has purchased 1,370 BTC as a national reserve and used the unrealized proceeds for new infrastructure projects, such as hospital And a school.

In 2022, President Bukele expects that two more countries will join El Salvador and adopt Bitcoin as legal tender. He also predicted that the bull market will push the price of Bitcoin to an all-time high of $100,000.

Among his six predictions, “two more countries will adopt it as legal tender” seems quite convincing. w On September 7, 2021, El Salvador became the first government to make BTC a legal tender, triggering a revolution. The attention of many other world leaders. This is an interesting statement, especially when El Salvador’s ambassador to the United States Milena Mayorga stated that if Bitcoin is successfully adopted in El Salvador, other countries “will follow suit”.

It is also worth noting that he believes that Bitcoin will become a hot topic in this year’s U.S. election. The country will hold parliamentary elections, which may be one of the key issues in the US dialogue. This could have a major impact on the cryptocurrency industry and the way companies manage virtual currencies.

Many politicians have expressed support for the asset class, including the 2020 Democratic presidential candidate Yang Ande And Republican Senator Cynthia Loomis And Warren Davidson. Other American politicians have also expressed their concerns about this issue. For example, Senator Elizabeth Warren believes that it only favors the rich. As more lawmakers receive education on the subject, it will be interesting to see how Bitcoin regulation develops in the United States.

BTC/USD Fall further from christmas high. Source: TradingView

Related articles | Zimbabwe can adopt Bitcoin as legal tender after El Salvador

Bitcoin City is about to start

El Salvador also plans to start developing the so-called Bitcoin City in 2022. This may be crucial for Bitcoin companies and investors who wish to develop across the African continent.He predicted that the Volcano bonds will be oversubscribed and there will be a huge surprise Bitcoin Conference This year.

At the end of last year, El Salvador announced plans to issue a $1 billion bond to fund the purchase of more bitcoin and power and mining infrastructure. The destination thermal energy will be helped by the proximity of the city to the volcano in the future.

in a Follow-up tweets, The president said, “This tweet will be outdated.” Bukele’s predictions seem certain, but we must wait and see to see when and if they all come true this year.

Related articles | El Salvador bought another Bitcoin for 150 BTC

Featured image by BBC, Chart from TradingView.com



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