El Salvador President Nayib Bukele tweeted his forecasts for Bitcoin in the year on New Year’s Day 2022, making some rather bullish predictions. Bukele Make Bullish Predictions On Bitcoin 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 and a school. 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. 2022 predictions on #Bitcoin: •Will reach $100k•2 more countries will adopt it as legal tender•Will become a major electoral issue in US elections this year•Bitcoin City will commence construction•Volcano bonds will be oversubscribed•Huge surprise at @TheBitcoinConf — Nayib Bukele 🇸🇻 (@nayibbukele) January 2, 2022 Out of the six predictions he made, it appears that “two more countries will adopt it as legal tender” is rather cogent.w On September 7, 2021, El Salvador became the first government to make BTC legal tender, igniting a revolution that drew the attention of many other world leaders. This is an intriguing statement, especiall...
