The President of El Salvador has made six predictions for Bitcoin in 2022. He expects that two more countries will adopt Bitcoin as legal tender this year. At the same time, he expects that the Bitcoin City in El Salvador will start construction within this year, and the country’s volcanic bonds will be oversubscribed.
President Booker’s prediction of Bitcoin in 2022
The President of El Salvador, Nayib Bukele (Nayib Bukele) released his six predictions for Bitcoin in 2022 on Twitter on January 1. El Salvador made Bitcoin and the U.S. dollar legal tender in September last year.
First, President Bukele expects Bitcoin Reached 100,000 USD. Secondly, he believes that two more countries will adopt Bitcoin as legal tender.
Bukele is not the only one who expects more countries to adopt Bitcoin as legal tender by the end of 2022. Alex Hoeptner, CEO of the cryptocurrency exchange Bitmex, Expected Last October, by the end of this year, “we will have at least five countries accepting Bitcoin as legal tender.” He pointed out that “all these countries will be developing countries.”
In addition, the President of El Salvador expects that Bitcoin City will begin construction this year. In November last year, he announced plans to build the world’s first Bitcoin city driven by a volcano and financed by Bitcoin bonds. He also stated that Bitcoin City will not have any taxes other than value-added tax (VAT). Another prediction made by Bukele is that the Volcano bonds will be oversubscribed.
His Bitcoin City announcement was made the day before the report issued by the International Monetary Fund (IMF) warn Due to the various risks associated with cryptocurrencies, El Salvador opposes the use of Bitcoin as legal tender.Andrew Bailey, Governor of the Bank of England, also proposed pay attention to Regarding Bitcoin being used as legal tender in El Salvador.
Bukele also predicts that the Miami Bitcoin Conference in 2022 will have another “huge surprise”, and Bitcoin “It will become a major electoral issue in the U.S. election.”
What do you think of the President of El Salvador’s prediction for 2022? Please let us know in the comments section below.
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