Nayib Bukele, who made history last year by becoming the first president to adopt bitcoin as legal tender, believes two more countries will follow suit in 2022. Additionally, he predicted a price tag of $ 100,000 for the main cryptocurrency.
- It’s safe to say that El Salvador is the most open country in terms of BTC adoption as it voted for the asset to become legal tender in 2021.
- Following this landmark move, the nation and its pro-bitcoin president continued to emphasize the merits of BTC, rack up more during price drops, and use the profits to build schools and hospitals.
- Despite increased criticism from mainstream financial organizations such as the Bank of England and the IMF, Bukele did not back down. On the contrary, he and many cryptocurrency supporters have presented their intention to build a Bitcoin city in El Salvador.
- One of the predictions he listed today for Bitcoin in 2022 is that construction of the city will begin this year.
- He also believes two more countries will follow El Salvador’s path and adopt BTC as legal tender.
- Bukele described a possible massive surprise at the annual Bitcoin conference. Interestingly, the 2021 edition brought such a surprise as El Salvador announced its intention to adopt BTC at this event.
- Bukele sees bitcoin becoming a “major electoral issue in the US election this year” as the world’s most powerful economy continues to reflect on how to approach BTC and the crypto industry as a whole.
- In terms of price action, the head of El Salvador said bitcoin will finally enter six-figure territory by touching $ 100,000.
2022 forecast on #Bitcoins:
• Will reach $ 100,000
• 2 other countries will adopt it as legal tender
• Will become a major electoral issue in the US elections this year
• Bitcoin City will begin construction
• Volcanic bonds will be oversubscribed
• Huge surprise to @TheBitcoinConf
– Nayib Bukele (@nayibbukele) January 2, 2022
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