{"id":480265,"date":"2022-01-03T21:02:50","date_gmt":"2022-01-03T21:02:50","guid":{"rendered":"https:\/\/wncen.com\/?p=480265"},"modified":"2022-01-03T21:02:50","modified_gmt":"2022-01-03T21:02:50","slug":"president-bukele-predicts-btc-at-100k-with-hope-that-more-countries-adopt-it-as-legal-tender","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/president-bukele-predicts-btc-at-100k-with-hope-that-more-countries-adopt-it-as-legal-tender\/","title":{"rendered":"President Bukele Predicts BTC At $100k With Hope That More Countries Adopt It As Legal Tender"},"content":{"rendered":"

El Salvador President Nayib Bukele tweeted his forecasts<\/a> for Bitcoin in the year on New Year’s Day 2022, making some rather bullish predictions.<\/p>\n

Bukele Make Bullish Predictions On Bitcoin<\/h2>\n

Under Bukele’s presidency, El Salvador became the first government to embrace Bitcoin as legal tender last year as a countermeasure to the country’s rising inflation. Since the country’s legalization, the president has purchased 1,370 BTC for the country’s reserve and spent the unrealized gains in new infrastructure projects like a hospital<\/a> and a school.<\/p>\n

In 2022, President Bukele expects two more countries to join El Salvador in adopting Bitcoin as legal tender. He also predicted a bull run that would push the price of Bitcoin to a new all-time high of $100,000.<\/p>\n

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2022 predictions on #Bitcoin<\/a>:<\/p>\n

\u2022Will reach $100k
\u20222 more countries will adopt it as legal tender
\u2022Will become a major electoral issue in US elections this year
\u2022Bitcoin City will commence construction
\u2022Volcano bonds will be oversubscribed
\u2022Huge surprise at
@TheBitcoinConf<\/a><\/p>\n

— Nayib Bukele (@nayibbukele) January 2, 2022<\/a><\/p><\/blockquote>\n